In a sales effectiveness seminar a group of sales representatives tried two approaches to selling...

90.2K

Verified Solution

Question

Basic Math

image

In a sales effectiveness seminar a group of sales representatives tried two approaches to selling a customer a new automobile the aggressive approach and the passive approach For 1 160 customers the following record was kept Sale Aggressive 263 Passive 413 No Sale Row Total P S Pa 317 Column Total 676 484 167 580 P Pa and S 580 Suppose a customer is selected at random from the 1 160 participating customers Let us use the following notation for events A aggressive approach Pa passive approach S sale N no sale So P A is the probability that an aggressive approach was used and so on 1 160 a Compute P S P SIA and P S Pa Enter your answers as fractions P S X P S A Enter an exact value instead of a rounded value x Enter an exact value instead of a rounded value b Are the events S sale and Pa passive approach independent Explain Yes P S P S Pa No The two events cannot occur together Yes The two events can occur together No P S P S Pa c Compute P A and S and P Pa and S Enter your answers as fractions P A and S x Enter an exact value instead of a rounded value d Compute P N and P NI A Enter your answers as fractions P N P N A Enter an exact value instead of a rounded value e Are the events N no sale and A aggressive approach independent Explain No The two events cannot occur together Yes P N P N A Yes The two events can occur together No P N P N A f Compute P A or S Enter your answer as a fraction

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