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Chance of an Avon sale. The probability that an Avon

Statistics for Business and Economics | 12th Edition | ISBN: 9780321826237 | Authors: James T. McClave, P. George Benson, Terry T Sincich ISBN: 9780321826237 51

Solution for problem 117SE Chapter 3

Statistics for Business and Economics | 12th Edition

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Statistics for Business and Economics | 12th Edition | ISBN: 9780321826237 | Authors: James T. McClave, P. George Benson, Terry T Sincich

Statistics for Business and Economics | 12th Edition

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Problem 117SE

Problem 117SE

Chance of an Avon sale. The probability that an Avon salesperson sells beauty products to a prospective customer on the first visit to the customer is .4. If the salesperson fails to make the sale on the first visit, the probability that the sale will be made on the second visit is .65. The salesperson never visits a prospective customer more than twice. What is the probability that the salesperson will make a sale to a particular customer?

Step-by-Step Solution:

Solution:

Step 1 of 2:

The probability that an avon salesperson sells beauty products to a prospective customer on the first visit to the customer is 0.4.

If the salesperson fail to make the sale on the first visit, the probability that the sale will be made on the second visit is 0.65.

The salesperson never visits a prospective customer more than twice.

We have to find the probability that the salesperson will make a sale to a particular customer.


Step 2 of 2

Chapter 3, Problem 117SE is Solved
Textbook: Statistics for Business and Economics
Edition: 12
Author: James T. McClave, P. George Benson, Terry T Sincich
ISBN: 9780321826237

This textbook survival guide was created for the textbook: Statistics for Business and Economics , edition: 12. Since the solution to 117SE from 3 chapter was answered, more than 405 students have viewed the full step-by-step answer. This full solution covers the following key subjects: sale, customer, salesperson, visit, Probability. This expansive textbook survival guide covers 15 chapters, and 1631 solutions. The answer to “Chance of an Avon sale. The probability that an Avon salesperson sells beauty products to a prospective customer on the first visit to the customer is .4. If the salesperson fails to make the sale on the first visit, the probability that the sale will be made on the second visit is .65. The salesperson never visits a prospective customer more than twice. What is the probability that the salesperson will make a sale to a particular customer?” is broken down into a number of easy to follow steps, and 78 words. Statistics for Business and Economics was written by and is associated to the ISBN: 9780321826237. The full step-by-step solution to problem: 117SE from chapter: 3 was answered by , our top Business solution expert on 07/21/17, 05:42AM.

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