In a company's marketing department, a sales employee calls customers to see if they are interested in purchasing an extended warranty for the product that they already purchased. The sales employee has a 30% chance of selling an extended warranty. What is the probability that the fourth sale comes on the seventh call (round to three decimal points)? O None of these answers are correct. O 0.103 O 0.056 O 0.014 O 0.089

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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In a company's marketing department, a sales employee calls customers to see if they are interested in purchasing an extended warranty for the product that they
already purchased. The sales employee has a 30% chance of selling an extended warranty.
What is the probability that the fourth sale comes on the seventh call (round to three decimal points)?
O None of these answers are correct.
O 0.103
O 0.056
O 0.014
O 0.089
Transcribed Image Text:In a company's marketing department, a sales employee calls customers to see if they are interested in purchasing an extended warranty for the product that they already purchased. The sales employee has a 30% chance of selling an extended warranty. What is the probability that the fourth sale comes on the seventh call (round to three decimal points)? O None of these answers are correct. O 0.103 O 0.056 O 0.014 O 0.089
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