Q&A: A newly hired telemarketer is told he will probably make a sale on about 14% of his phone calls. On the first?
Question:
A newly hired telemarketer is told he will probably make a sale on about 14% of his phone calls. On the first?
A newly hired telemarketer is told he will probably make a sale on about 14% of his phone calls. On the first day he called 13 people.
What is the expected value of the distribution?
11.1800
0.14
1.8200
4.3333
0.2308
im thinking it is 1.8200, but i assume it could also be .14
Best answer:
Answer by capwest5a
I believe you are correct. He made 13 calls with an expected sales rate of 14%.
(13 x 0.14) = 1.82
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May 17, 2012
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