The month-to-month retention of agents in ABC is 70%. This means, 70% of agents continue shopping at ABC the following month. 30% of agents are one- off and will not comeback to ABC. In March, the split between new and recurring agents were 50-50. What is the share of new agents in May that are new, out of 3,046 agents? * 35% 45% 40% 30%
The month-to-month retention of agents in ABC is 70%. This means, 70% of agents continue shopping at ABC the following month. 30% of agents are one- off and will not comeback to ABC. In March, the split between new and recurring agents were 50-50. What is the share of new agents in May that are new, out of 3,046 agents? * 35% 45% 40% 30%
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
Related questions
Question

Transcribed Image Text:Sales of ABC by category, in millions of Rupiah
2016
101
131
86
118
157
46
66
109
Electronics
300
330
132
261
Fashion
Supermarket
463
616
801
376
1 Other
Mar
Apr
May target May 1st to 15th
Number of
1,838
2,389
3,046
457
transacting
agents

Transcribed Image Text:The month-to-month retention of agents in ABC is 70%. This means, 70% of
agents continue shopping at ABC the following month. 30% of agents are one-
off and will not comeback to ABC. In March, the split between new and recurring
agents were 50-50. What is the share of new agents in May that are new, out of
3,046 agents? *
35%
O 45%
40%
O 30%
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps

Recommended textbooks for you

Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated

Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY

Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated

Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY

Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,

