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Section 14 Probability 2
14) A salesman has a success rate of 0.35, i.e. the probability that a passerby will buy the product after his salespitch is 0.35. What is the probability that there are 3 or more passersby out of 4 buying the product after his salespitch? Assume the 4 passersby's decisions are independent of each other.
Answer: P(3 or more passersby out of 4 buying the product after his salespitch) =
Section 14 Probability 2
14) A salesman has a success rate of 0.35, i.e. the probability that a passerby will buy the product after his salespitch is 0.35. What is the probability that there are 3 or more passersby out of 4 buying the product after his salespitch? Assume the 4 passersby's decisions are independent of each other.
Answer: P(3 or more passersby out of 4 buying the product after his salespitch) =
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