Chapter 8: Problem 14
A computer salesperson makes either one or two sales contacts each day between 1 and 2 PM. If only one contact is made, the probability is 0.2 that a sale will result and 0.8 that no sale will result. If two contacts are made, the two customers make their decisions independently of each other, each purchasing with probability 0.2 and not purchasing with probability 0.8 . What is the probability that the salesperson has made two sales this hour?
Short Answer
Step by step solution
Key Concepts
These are the key concepts you need to understand to accurately answer the question.