Find the gof if f(x) = 2x - 1 and g(x) = x + 2.
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Answer:
(a) The probability the salesperson will make exactly two sales in a day is 0.1488.
(b) The probability the salesperson will make at least two sales in a day is 0.1869.
(c) The percentage of days the salesperson does not makes a sale is 43.05%.
(d) The expected number of sales per day is 0.80.
Step-by-step explanation:
Let <em>X</em> = number of sales made by the salesperson.
The probability that a potential customer makes a purchase is 0.10.
The salesperson contacts <em>n</em> = 8 potential customers per day.
The random variable <em>X</em> follows a Binomial distribution with parameters <em>n</em> and <em>p</em>.
The probability mass function of <em>X</em> is:
(a)
Compute the probability the salesperson will make exactly two sales in a day as follows:
Thus, the probability the salesperson will make exactly two sales in a day is 0.1488.
(b)
Compute the probability the salesperson will make at least two sales in a day as follows:
P (X ≥ 2) = 1 - P (X < 2)
= 1 - P (X = 0) - P (X = 1)
Thus, the probability the salesperson will make at least two sales in a day is 0.1869.
(c)
Compute the probability that a salesperson does not makes a sale is:
The percentage of days the salesperson does not makes a sale is,
0.4305 × 100 = 43.05%
Thus, the percentage of days the salesperson does not makes a sale is 43.05%.
(d)
Compute the expected number of sales per day as follows:
Thus, the expected number of sales per day is 0.80.
The numbers of bars that the team have to get from each company in order for the total cost to be equal is 40.
<h3>What is the purchase about?</h3>Since n = numbers of bars purchase.
y= total cost in dollars
Company A = 0.75n
Company B = 10 + 0.50n
Therefore, to find the numbers of bars that the team would need to purchase from each company in order for the total cost to be equal =
0.75n = 10 + 0.50n
0.2n = 10
n = 40
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