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A Car Salesman Has a 5% Chance of Landing a Sale

Question 7

Short Answer

A car salesman has a 5% chance of landing a sale with a random customer on his lot.Suppose 10 people come on the lot today.
A)What is the probability that he sells exactly three cars today?
B)What is the probability he sells less than two cars today?
C)What is the expected number of cars he is going to sell today?

Correct Answer:

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a.0.0105;b...

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