3.135 3.136 the Poisson approximation with λ = np. Compare. A salesperson has found that the probability of a sale on a single contact is approximately .03. If the salesperson contacts 100 prospects, what is the approximate probability of making at least one sale?

MATLAB: An Introduction with Applications
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3.135
3.136
the Poisson approximation with λ = np. Compare.
A salesperson has found that the probability of a sale on a single contact is approximately .03.
If the salesperson contacts 100 prospects, what is the approximate probability of making at
least one sale?
Transcribed Image Text:3.135 3.136 the Poisson approximation with λ = np. Compare. A salesperson has found that the probability of a sale on a single contact is approximately .03. If the salesperson contacts 100 prospects, what is the approximate probability of making at least one sale?
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