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?

Operations Research : Applications and Algorithms

4th Edition

ISBN:9780534380588

Author:Wayne L. Winston

Publisher:Wayne L. Winston

Chapter20: Queuing Theory

Section20.11: The M/g/s/gd/s/∞ System (blocked Customers Cleared)

Problem 2P

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