All categories

3 years ago

Explain how probability can be used to help a sales person forecast future sales. ( 60 Points )

2 answers:

7 0

Probability can help a salesperson to have a rough idea of what their buissness looks overall as an estimated guess but can also help by giving the sales person an advantage to work with any problems or to to try and resolve any errors which may occur

alina1380 [7]3 years ago

3 0

Answer:

explained below

Step-by-step explanation:

Forecasting of future sale is a very important requirement of any company forecasting leads to know the trend of the market what is the demand in the market and what will be the demand in future.

By good forecasting company can profit from it.

For forecasting probability is very important tool because of probability we can calculate the subjective forecasting which is very important.

Greater the probability greater is the chances of getting success in the company.

Company should go for the demand which have high probability of profit.

You might be interested in

Algebra 1 (100 points) Look at screen shot

yKpoI14uk [10]

Answer:

Lin has provided the correct answer.

Step-by-step explanation:

The equation has two roots as a quadratic equation.

Elena's solution ends up with loss of one of the roots when cancelling the variable.

Lin gets two roots, so she is correct.

8 0

2 years ago

Read 2 more answers

Find the slope of the line that passes through the points (2, 4) and (6, 12)

Aleks [24]

The answer is 2.

The formula for slop is y2-y1/x2-x1
Using this formula we get 12-4/6-2 or 8/4 which simplifies to 2.

Hope this helps!

3 0

2 years ago

Read 2 more answers

Candace complete a 3.1 mile run in 22 1/2 minutes. At that pace, what is her unit rate, in minutes per mile? Round your answer t

Finger [1]

3.1 x 22 1/2 = 69.75 rounded is 70

7 0

2 years ago

Negative 12 over negative 6, I forgot what to do

telo118 [61]

Negative 12 over negative 6.

Over means to divide (fraction).

-12/-6

A negative divided by a negative equals a positive.

-12/-6 = 2

Answer: 2

7 0

3 years ago

Read 2 more answers

Help please i dont get it

ale4655 [162]

Answer:

Step-by-step explanation:

The rules of logarithms let you rewrite this as a quadratic equation. That equation will have two (2) potential solutions. We know from the domain of the log function that any negative value of x will be an extraneous solution.

The rules of logarithms that apply are ...

$\log(a)+\log(b)=\log(ab)\qquad\text{all logarithms to the same base}\\\\\log_b(a)=c\ \Longleftrightarrow\ b^c=a\\\\$

<h3>take antilogs</h3>

We can rewrite the equation so that only one logarithm is involved. Then we can take antilogs.

$\log_4(x)+\log_4(x+6)=2\\\\\log_4(x(x+6))=2\qquad\text{using the first rule}\\\\4^2=x(x+6)\qquad\text{using the second rule}$

<h3>solve the quadratic</h3>

Adding (6/2)² = 9 to both sides will "complete the square."

16 +9 = x² +6x +9 . . . . . . . add 9

25 = (x +3)²

±√25 = x +3 = ±5 . . . . . take the square root(s)

x = -3 ±5 = {-8, +2}

The two potential solutions are x = 2 and x = -8.

8 0

1 year ago

Read 2 more answers