Please no written by hand solution I have to present a formula for probability. I am using a sales example. Can someone help tell me if this example is correct? During sales events the use of probability helps predict what could be the expected outcome of sales. For example, a clothing boutique puts out only ten pieces of clothing. Each have different sizes meaning there will be five different sizes available 3 XS, 3 S, 2 M, 1 L, 1 XL If a person who wants to buy one of the pieces of clothing is a size S. there is a 3/10 probability that a person seeking to buy size small will be able to purchase it.
Please no written by hand solution I have to present a formula for probability. I am using a sales example. Can someone help tell me if this example is correct? During sales events the use of probability helps predict what could be the expected outcome of sales. For example, a clothing boutique puts out only ten pieces of clothing. Each have different sizes meaning there will be five different sizes available 3 XS, 3 S, 2 M, 1 L, 1 XL If a person who wants to buy one of the pieces of clothing is a size S. there is a 3/10 probability that a person seeking to buy size small will be able to purchase it.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Please no written by hand solution
I have to present a formula for probability. I am using a sales example. Can someone help tell me if this example is correct?
During sales
If a person who wants to buy one of the pieces of clothing is a size S. there is a 3/10 probability that a person seeking to buy size small will be able to purchase it.
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