Making a sale on a customer call is 0.16 What’s the probability no sales will be made in 12 calls
Let the random variable "X" represent the sales made on a customer call then, "X\\sim Poisson(\\lambda)" where "\\lambda=0.16\\times 12=1.92"
We find,
"p(X=0)={e^{-1.92}1.92^0\\over 0!}=e^{-1.92}=0.1466"
The probability that no sales will be made in 12 calls is 0.1466
Comments
Leave a comment