2.85 D. 1.96 14. An insurance agent has appointments with four prospective clients tomorrow. From past experience the agent knows that the probability of making a sale on any appointment is 1 out of 5. Using the rules of probability, what is the likelihood that the agent will sell a policy to 2 of the 4 prospective clients? A. 0.500 B. 0.154 C. 0.410 D. 0.026

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Ulds expect to be lined up at opening?
А. 2.75
В. 1.00
С. 2.85
D. 1.96
14. An insurance agent has appointments with four prospective clients tomorrow. From past experience the
agent knows that the probability of making a sale on any appointment is 1 out of 5. Using the rules of
probability, what is the likelihood that the agent will sell a policy to 2 of the 4 prospective clients?
А. 0.500
B. 0.154
С.0.410
D. 0.026
Transcribed Image Text:Ulds expect to be lined up at opening? А. 2.75 В. 1.00 С. 2.85 D. 1.96 14. An insurance agent has appointments with four prospective clients tomorrow. From past experience the agent knows that the probability of making a sale on any appointment is 1 out of 5. Using the rules of probability, what is the likelihood that the agent will sell a policy to 2 of the 4 prospective clients? А. 0.500 B. 0.154 С.0.410 D. 0.026
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