Question

find the indicated probabilities using the geometric distribution, the poisson distribution, or the binomial distribution. then determine if the events are unusual. if convenient, use the appropriate probability table or technology to find the probabilities. assume the probability that you will make a sale on any given telephone call is 0.11. find the probability that you (a) make your first sale on the fifth call, (b) make your first sale on the first, second, or third call, and (c) do not make a sale on the first three calls. (a) p(make your first sale on the fifth call) = (round to three decimal places as needed.)

Explanation:

Step1: Identify the distribution

This is a geometric distribution problem. The formula for the geometric distribution is \(P(X = k)=(1 - p)^{k - 1}p\), where \(p\) is the probability of success (making a sale) on a single trial, and \(k\) is the number of the trial on which the first success occurs. Here, \(p = 0.11\).

Step2: Calculate \(P(X = 5)\)

Substitute \(k = 5\) and \(p=0.11\) into the formula:

$$
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$$

First, calculate \((0.89)^{4}=0.89\times0.89\times0.89\times0.89 = 0.62748529\)
Then, \(P(X = 5)=0.62748529\times0.11=0.0690233819\)

Answer:

\(0.069\)