Jeff, a sales manager of a car dealership, believes that his sales force sells a car to 35% of the customers who stop by the showroom. He needs the dealership to make 50 sales this month to get a special bonus of $190,000. Approximately 120 customers visit the showroom each month. You may assume that the customers entering the dealership are independent of one another. Complete parts a through f below. a) What is the probability that he will make his bonus? The probability that he will make his bonus is. (Round to three decimal places as needed.) .…….

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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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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Jeff, a sales manager of a car dealership, believes that his sales force sells a car to 35% of the customers who stop by
the showroom. He needs the dealership to make 50 sales this month to get a special bonus of $190,000. Approximately
120 customers visit the showroom each month. You may assume that the customers entering the dealership are
independent of one another. Complete parts a through f below.
a) What is the probability that he will make his bonus?
The probability that he will make his bonus is
(Round to three decimal places as needed.)
Transcribed Image Text:Jeff, a sales manager of a car dealership, believes that his sales force sells a car to 35% of the customers who stop by the showroom. He needs the dealership to make 50 sales this month to get a special bonus of $190,000. Approximately 120 customers visit the showroom each month. You may assume that the customers entering the dealership are independent of one another. Complete parts a through f below. a) What is the probability that he will make his bonus? The probability that he will make his bonus is (Round to three decimal places as needed.)
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