Need help with this Intro to probability and statistics homework problem. Below th the homework problem is the answers. Make sure your handwriting is neat and readable. Answers from textbook:(a) 0.0778(b) 0.3456(c) 0.9898 (a) What is the probability that he will take every one ofthe five calls?(b) What is the probability that he will accept exactly threeof your five calls?(c) What is the probability that he will accept at least oneof the calls? 2.4-17. Your stockbroker is free to take your calls about60% of the time; otherwise, he is talking to another clientor is out of the office. You call him at five random timesduring a given month. (Assume independence.)

Need help with this Intro to probability and statistics homework problem. Below th the homework problem is the answers. Make sure your handwriting is neat and readable. Answers from textbook: (a) 0.0778 (b) 0.3456 (c) 0.9898

Need help with this Intro to probability and statistics homework problem. Below th the homework problem is the answers. Make sure your handwriting is neat and readable. Answers from textbook: (a) 0.0778 (b) 0.3456 (c) 0.9898

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

Need help with this Intro to probability and statistics homework problem. Below th the homework problem is the answers. Make sure your handwriting is neat and readable.

Answers from textbook:

(a) 0.0778

(b) 0.3456

(a) What is the probability that he will take every one of
the five calls?
(b) What is the probability that he will accept exactly three
of your five calls?
(c) What is the probability that he will accept at least one
of the calls?

2.4-17. Your stockbroker is free to take your calls about
60% of the time; otherwise, he is talking to another client
or is out of the office. You call him at five random times
during a given month. (Assume independence.)

Expert Solution

Step 1

$G i v e n d a t a P (a c c e p t c a l l) = p = 0.60 n o . o f t r i a l s (n) = 5 x = n o . o f t i m e c a l l a c c e p t e d P (x = X) =^{n} C_{x} p^{x} q^{n - x}____b i n o m i a l d i s t r i b u t i o n x f o l l o w s b i n o m i a l d i s t r i b u t i o n b e c a u s e f i x e d n o . o f t r i a l s, i n d e p e n d e n t t r i a l s, P (s u c c e s s) = c o n s \tan t$

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