Question 4 a) For a large group of sale prospects, it has been observed that 22 percent of those contacted personally by a sales representative will make a purchase. If a sales representative contacts 35 prospects: i) Determine the probability that 10 or more will make a purchase (include also correction of continuity). ii) Determine the probability that not more than 3 will make a purchase (include also correction of continuity). iii) In what condition does binomial distribution approximate to normal distribution?
Question 4 a) For a large group of sale prospects, it has been observed that 22 percent of those contacted personally by a sales representative will make a purchase. If a sales representative contacts 35 prospects: i) Determine the probability that 10 or more will make a purchase (include also correction of continuity). ii) Determine the probability that not more than 3 will make a purchase (include also correction of continuity). iii) In what condition does binomial distribution approximate to normal distribution?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![Question 4
a) For a large group of sale prospects, it has been observed that 22 percent of those contacted
personally by a sales representative will make a purchase. If a sales representative contacts
35 prospects:
i) Determine the probability that 10 or more will make a purchase (include also
correction of continuity).
ii) Determine the probability that not more than 3 will make a purchase (include also
correction of continuity).
iii) In what condition does binomial distribution approximate to normal distribution?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc3e5b7f1-69a0-4481-95ed-f3a636aaba5d%2Fe27591b1-8135-4028-a910-02a31c5998c6%2F4k5crbe_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 4
a) For a large group of sale prospects, it has been observed that 22 percent of those contacted
personally by a sales representative will make a purchase. If a sales representative contacts
35 prospects:
i) Determine the probability that 10 or more will make a purchase (include also
correction of continuity).
ii) Determine the probability that not more than 3 will make a purchase (include also
correction of continuity).
iii) In what condition does binomial distribution approximate to normal distribution?
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