Hey, my questions is: Assume the probbilty that yoiu will make a sale on any given phone call is 0.12. find the probability that you (a) will mkae sale on fifth call, (b) make sale on first, second, or third call, and (c) do not make a sale on first three calls.
(a) P(first sale is made on fifth call)=
(b) P(on first,second. or third call)=
(c) P(sale not made in first three calls)=
Can someone please assist?
thank you
State the formula for a geometric distribution. Define all the symbols in it. Now tell us where you're stuck in using it for (a) and (b) (this is the second time I've asked you to say where you're stuck).
By the way, I suppose I should check this ..... for (a) and (b) do you mean "find the probability that you (a) will mkae first sale on fifth call, (b) make first sale on first, second, or third call" (since the title of the thread is geometric distribution I assume that's the case).