Find the equation of the straight line passing through the point (0,2) which is perpendicular to the line y=1/4x+5
1 answer:
You might be interested in
Answer:
The probability that it will take fewer than six customer contacts to clear the inventory is 0.8%.
Step-by-step explanation:
We have a probability of making an individual sale of p=0.15.
We have 4 units, so the probability of clearing the inventory with n clients can be calculated as:
As we see in the equation, n has to be equal or big than 4.
In this problem we have to calculate the probability that less than 6 clients are needed to sell the 4 units.
This probability can be calculated adding the probability from n=4 to n=6: