I think you should go with A).
Answer:
$39.6
Step-by-step explanation:
5.5 times 7.20 = $39.6
Answer:
it will be b
Step-by-step explanation:
Answer:
1. P(S) = 373/580
2. P(S|A) = 53/116
3. P(S|Pa) = 481/580
Step-by-step explanation:
Given
---------------------Sale ----- No Sale-----Total
Aggressive ----265 --------315 ----------580
Passive ----------481 ---------99 -----------580
Total --------------746---------414------------1160
A = aggressive approach,
Pa = passive approach,
S = sale,
N= no sale.
(a) Computing P(S)
This is calculated as the division of customers that participated in sales by total customers
Customers that participated in sales = 265 + 481 = 746
Total Customers = 1160
P(S) = 746/1160
P(S) = 373/580
b.
P(S|A) means that the probability that a sales occur given that the aggressive method was used.
To solve this, we check the cell where Sales and Aggressive intersect
The cell element = 265
Total = 580
P(S|A) = 265/580
P(S|A) = 265/580
P(S|A) = 53/116
c.
P(S|Pa) means that the probability that a sales occur given that the passive method was used.
To solve this, we check the cell where Sales and Passive intersect
The cell element = 481
Total = 580
P(S|Pa) = 481/580
You will have $150 x 16 - considering there are usually 4 weeks in a month. So you will have $2,400. Hope this helps!
