Question 5The success rate a salesman may achieve through cold calling will largely depend on the approach theytake. According to Charlie Cook, author and marketing consultant, conversion rates for cold calls usuallyfall in the 2 percent range, while referrals may have a 50 percent conversion and solid leads may have a 21percent conversion. A group of salesmen was assigned to pursue 100 "solid leads" during the period of aweek.• Let X be the number of sales generated from 100 "solid leads". Describe the distribution of Xandits parameters:X - Select an answer (n=Select an answerNX²FB• Use the random variable notation to symbolically express the probability that at least 19 sales will begenerated from 100 "solid leads":Select an answer ✓Select an answerP(X≤19)P(X>19)TFNBP(X219)P(X<19)• Let Y be a normal variable that will be used to approximate the probability in question. Find theparameters of Y (round the answers to 2 decimal places):Y Select an answer (μSelect an answer• Use the correction for continuity:(p=• Use the random variable notation to symbolically express the approximate probability that at least19 sales will be generated from 100 "solid leads":Select an answer ✓Select an answerP(Y<19)P(Y>19)P =РSelect an answerSelect an answerP(Y>19.5)P(Y>18.5)P(Y<19.5)P(Y<18.5)• Find the probability (round the answer to 4 decimal places):a=

It is given that P( solid leads ), p = 21% = 0.21 Sample size, n = 10 Note: According to…

Answered: The success rate a salesman may achieve…

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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Lotus Yoga Products has 10 operators, and the company works 8 hours a day (8 am to 5 pm with an hour break), 5 days a week. Company is manufacturing yoga pants and the standard minute value for a line to finish one pant=20 minutes. Company produces 178 pairs of pants a day. Calculate the output, in-put and productivity (first two answers in minutes and third as a percentage). What is the number of days to finish the order for 2500 pants (round to whole number) = Required capacity needed in hours /actual capacity per day in hours
To the Internal Revenue Service (IRS), the reasonableness of total itemized deductions depends on the taxpayer's adjusted gross income. Large deductions, which include charity and medical deductions, are more reasonable for taxpayers with larg given level of income, the chances of an IRS audit are increased. Data (in thousands of dollars) on adjusted gross income and the average or reasonable amount of itemized deductions follow. Adjusted Gross Income Itemized Deductions ($1,000s) 22 ($1,000) 9.6 27 9.6 32 10.1 48 11.1 65 13.5 85 120 15.7 25.5 (a) Develop a scatter diagram for these data with adjusted gross income as the independent variable. 30 25 20 15 10 5 30 25 20 15 10 5+ 30 25- 20- 15- 10- .. 5- 0 20 40 60 80 100 120 140 Adjusted Gross Income ($1,000s) 0 20 40 60 80 100 120 140 0 Adjusted Gross Income ($1,000s) 20 40 60 80 100 120 140 Adjusted Gross Income ($1,000s) 30 25 20 15 10 5- 0 20 40 60 80 100 Adjusted Gross Income ($1,000s) 120 140 G (b) Use the least squares method to…
Summarize the definitions for linear correlation, quadratic correlations and exponential correlations. Provide an example graph of each of the types of correlation along with your summarized definitions.
Pls do ASAP and correct handwritten
The y for the association between education and health is -0.386. Does y for the relationship between frequency of prayer and health (-.055) represent a stronger or weaker ordinal association then the y of -0.386 for the relationship between education and health? Options: A. stronger relationship than y of -0.386 B. Weaker relationship than y of 0.386 C. cant tell from the information provided
Suppose that the average number of miles driven by a student is 15,000 and the standard error is 5000 miles. Find the interval of miles within which 99% of the drivers fall.
One of the characteristics of the workday for cargo vehicle drivers is that if the driving period is less than 5 hours, the driver is entitled to a 24-minute rest break. If a driver has a driving period of 3 hours and 30 minutes, what percentage of the driving period does the rest period represent?
AJ’s sleep pattern had been fluctuating due to stress and diet, so he started to keep a diary of how many hours he slept each night. On the 4th night after he started the diary, AJ slept 9.4 hours, which was the most sleep he got any night. Gradually, he got less sleep each successive night until, on the 18th night after he started the diary, AJ slept 6.2 hours, which was the least sleep he got any night. After keeping his diary for 6 months, he realized that the number of hours he got each night followed a sinusoidal curve. Let t be the number of nights since he started his diary, and s be how many hours he slept that night. It may be helpful to draw a crude sketch of the sleep time function and label the known t − and s − values on it. POSITIVE or NEGATIVE SIN or COS Maximum s − value = Minimum s − value = ______________ ______________ Middle s − value = ______________ = D Amplitude = ______________ = A ⇒ B = ______________ Given the crude sketch of the height function, the…
Several states have argued that the 65-mph speed limit has no justification and have refused to enforce it. The federal Department of Transportation (DOT) believes that the 65-mph limit saves lives. To illustrate its contention, the department regressed the number of traffic fatalities (Y) last year in a state on the state’s population (X1), the number of days of snow cover (X2), and the average speed of all cars (X3). The results are shown below. Table 10: Model Summary Model R R Square Adjusted R Square Std. Error of the Estimate 1 .821 a .780 .613 3.258 a. Predictors: (Constant), population, days of snow, average speed Table 11: Coefficients Coefficientsa Model Unstandardized Coefficients Standardized Coefficients t Sig. B Std. Error Beta 1 (Constant) 1.4 2.957 .473 .584 Population .00029 .00003 .0034 9.667 .000 Days of Snow 2.4 .62 .759 3.871 .000 Average Speed 10.3 1.1…
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