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3 years ago

Explain how probability can be used to help a sales person forecast future sales.

Mathematics

2 answers:

Naily [24]3 years ago

6 0

Answer with explanation:

A salesperson can use probability to get an idea of his business as using probability he can estimate his sale of the next month as well, based on the present and previous months sales.

It can help him sort issues or errors he is facing in his business as he will get a complete idea of his business using probability.

Moreover, he can forecast future sales by using a technique which involves assigning percentages or weighting benchmarks in sales cycle, so that he can estimate the expected revenue generated.

For example:

A supermarket sales person can assign probabilities to benchmarks in sale cycle as providing needs analysis (25 % probability), adding new product (50%Probability) , Remove a product ( 75 % probability), closing sale (100% Probability) . If these probabilities are large, then forecast model can be objective.

_____________________________________________________

So just like that by assigning probabilities to benchmarks, a sales person can forecast future sales

rusak2 [61]3 years ago

6 0

Answer:

Probability can be used to help a sales person forecast future sales best my showing the likelihood of a certain event occurring. The sales person can then plan around the events that are deemed to be the most likely to occur.

Explanation:

100%Attempt 1 Complete

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Put the numbers in order least to greatest!

Alenkinab [10]

Answer:

-2.4

-0.8

0.2

0.9

1.6

Step-by-step explanation:

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3 years ago

Read 2 more answers

A cylinder has a height h, and a radius (3h-2)

tekilochka [14]

Answer:

$V= 4\pi (9h^2 -12h + 4)$

Step-by-step explanation:

Given

Shape: Cylinder

$Radius = 3h - 2$

$Height = h$

$Base\ Area = \pi (3h - 2)^2$

Required

Simplify the volume

The volume is calculated as:

$Volume = Base\ Area * Height$

Substitute values for Base Area and Height

$V= \pi(3h-2)^2*h$

Expand the bracket

$V= \pi(3h-2)(3h-2)*h$

Open brackets

$V= \pi (9h^2 -6h - 6h + 4) *h$

$V= \pi (9h^2 -12h + 4) *h$

$V= 4\pi (9h^2 -12h + 4)$

6 0

3 years ago

Can someone pls explain what I’m supposed to do I don’t really understand

kirill [66]

Answer:

There are only 3 differences perform

Step-by-step explanation:

I. If x is negative, y is negative then the answer is possitive

eg. x is -2, y is -3

-2 × -3 = 6

II. If x is negative, y is positive then the answer is negative

eg. x is -1, y is 2

-1 × 2 = -2

III. If x is possitive, y is possitive then the answer is positive

eg. x is 2, y is 5

2 × 5 = 10

Alt. No matter how long x, y, z, a, b there always apply only 3 rules above. Multiply or Devide are the same rule.

Ask me for anything :D

8 0

3 years ago

What are the coordinates of the orthocenter of △JKL with vertices at J(−4, −1) , K(−4, 8) , and L(2, 8) ?

Sati [7]

Answer-

The coordinates of the orthocenter of △JKL is (-4, 8)

Solution-

The orthocenter is the point where all three altitudes of the triangle intersect. An altitude is a line which passes through a vertex of the triangle and is perpendicular to the opposite side.

For a right angle triangle, the vertex at the right angle is the orthocentre of the triangle.

Here we are given the three vertices of the triangle are J(-4,-1), K(-4,8) and L(2,8)

If the triangle JKL satisfies Pythagoras Theorem, then triangle JKL will be a right angle triangle.

Applying distance formula we get,

$JK^2= (-4+4)^2+ (8+1)^2=0+81=81\\\\KL^2= (-4-2)^2+ (8-8)^2=36+0=36\\\\JL^2= (-4-2)^2+(8+1)^2=36+81=117$