A traveling salesman makes five visits in one day At each vi

A traveling salesman makes five visits in one day. At each visit the salesman has a 25% chance of making a sale. Let Z= # of sales made on this day. You must show work and not use binocdf or binopdf

mean is 5×.25=1.25
standard deviation is sqrt(5×.25×.75)=.96825

Q: Using the distribution, what is the probability that the number of sales will be within 2 standard deviations of the mean?

Solution

Q: Using the distribution, what is the probability that the number of sales will be within 2 standard deviations of the mean?

1 standard deviation = .96825

2 standard deviations = 2*.96825 = 1.9365

Mean

A traveling salesman makes five visits in one day. At each visit the salesman has a 25% chance of making a sale. Let Z= # of sales made on this day. You must sh

Get Help Now

Submit a Take Down Notice

Tutor
Tutor: Dr Jack
Most rated tutor on our site