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.
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So just like that by assigning probabilities to benchmarks, a sales person can forecast future sales
Answer:
a. 6
b. 7
c. (b) Kira's
why? b. it has the large sample size
Step-by-step explanation:
The measure represents the standard deviation of the sample means and is used in place of the population standard deviation when the population parameters are unknown is; t-test.
<h3>Which measure is used when the population parameters are unknown?</h3>
A hypothesis test for a population mean when In the case that the population standard deviation, σ, is unknown, carrying out a hypothesis test for the population mean is done in similarly like the population standard deviation is known. A major distinctive property is that unlike the standard normal distribution, the t-test is invoked.
Read more on t-test;
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Step-by-step explanation:
Given equation
y = 2x - 3
Comparing with y = mx + c
y - intercept (c) = -3
Hope it will help.
So.. 2.86 - 2.79 is the amount in decrease or 0.07
so.. if we take 2.86 as the 100%, how much is 0.07 of that in percentage?
well
solve for "x"
