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
icon
Related questions
Question
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: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
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%
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
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
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…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,