The following probability distribution was subjectively assessed for the number of sales a salesperson would make if he or she made five sales calls in one day. When the salesperson makes a sale, there are three possible sales levels: large, medium, and small. The probability of a large sale is 0.20 and the chance of a medium sale is 0.60. The probability on a given day that the salesperson will make one sale and that it is medium is 0.09.

Question

The following probability distribution was subjectively assessed for the number of sales a salesperson would make if he or she made five sales calls in one day.  When the salesperson makes a sale, there are three possible sales levels: large, medium, and small. The probability of a large sale is 0.20 and the chance of a medium sale is 0.60. The probability on a given day that the salesperson will make one sale and that it is medium is 0.09.

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The Answer of The following probability distribution was subjectively assessed for the number of sales a salesperson would make if he or she made five sales calls in one day.  When the salesperson makes a sale, there are three possible sales levels: large, medium, and small. The probability of a large sale is 0.20 and the chance of a medium sale is 0.60. The probability on a given day that the salesperson will make one sale and that it is medium is 0.09.

The Following Probability Distribution Was Subjectively Assessed for the Number