help with part C Jeff, a sales manager of a car...

50.1K

Verified Solution

Question

Accounting

help with part C
image
Jeff, a sales manager of a car dealership, believes that his sales force sells a car to 35% of the customers who stof by the showroom. He needs the dealership to make 60 sales this month to get a special bonus of $170,000. Approximately 120 customers visit the showroom each month. You may assume that the customers entering the dealership are independent of one another. Complete parts a through f below. (round to uree cecimat places as neeveu.) c) Assume that Jeff can choose to either increase the motivation of his sales force so that they increase the probability of a sale to 40%, or to increase the number of people walking into the showroom to 140 . Which makes it more likely that Jeff will sell 60 cars? The probability that Jeff will sell 60 cars if the probability of a sale is increased to 40% is The probability that Jeff will sell 60 cars if the number of people walking into the showroom is increased to 140 is Therefore, increasing the makes it more likely that Jeff will sell 60 cars. (Round to three decimal places as needed.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students