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Math

Probability

A sales rep for a national clothing company makes 4 calls per day. Based on historical

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Question

A sales rep for a national clothing company makes 4 calls per day. Based on historical records, the following probability distribution describes the number of successful calls each day: Successful Calls Probability 0 0.10 1 0.30 2 0.30 3 0.20 4 0.10 Each successful call earns the sales rep $100. Based on the information provided, what is the expected earnings for a sales rep who makes calls for 10 days?

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