Carmen, a computer sales person, believes that the odds are 8 to 7 that she will clinch the sale of a network server to a certain company. What is the (subjective) probability that Carmen will make the sale? (Round your answer to three decimal places.) P(sale) =

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...
icon
Related questions
Question
Carmen, a computer sales person, believes that the odds are 8 to 7 that she will clinch the sale of a network server to a certain company. What is the (subjective) probability that Carmen will make the sale? (Round your answer to three decimal places.)
P(sale) = 
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON