A used car salesperson claims that the probability of he selling a used car to an...
A used car salesperson claims that the probability of he selling a used car to an individual looking to purchase a used car is 70% and this probability does not vary from individual to individual. Suppose 5 individuals come to speak to this salesperson one day. If his belief is correct,
- The probability (to 4 decimal places) that he will sell a car to the first individual he speaks to is ______
- The probability (to 4 decimal places) that he will not sell a car to any of these 5 individuals is ______
- The probability (to 4 decimal places) that he will sell a car to exactly 2 individuals is _______
- The expected number (to 2 decimal places) of individuals he will sell a car to is ________
- The standard deviation (to 4 decimal places) in the number of individuals to whom he will sell a car is
________
- If the salesperson pays the dealership who allows him to sell cars $1000 per day for the privilege of working at the dealership, and, if he earns $2000 for each car he sells, the expected income per day is
________
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A used car salesperson claims that the probability of he selling
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