Find all School-related info fast with the new School-Specific MBA Forum

It is currently 18 May 2013, 09:38
Customize  |  Hide

A salesperson makes 5 sales calls. The probability of a

  Question banks Downloads My Bookmarks Reviews  
Author Message
TAGS:
Manager
Manager
Joined: 29 Nov 2011
Posts: 83
Followers: 0

Kudos [?]: 8 [0], given: 37

A salesperson makes 5 sales calls. The probability of a [#permalink] New post 28 Feb 2012, 22:57
00:00

Question Stats:

100% (00:00) correct 0% (00:00) wrong based on 0 sessions
A salesperson makes 5 sales calls. The probability of a successful sales call is 10%. What is the likelyhood the salesperson makes at least 1 successful sales call?
1 KUDOS received
GMAT Club team member
User avatar
Joined: 02 Sep 2009
Posts: 11506
Followers: 1791

Kudos [?]: 9519 [1] , given: 826

Re: Probability [#permalink] New post 28 Feb 2012, 23:18
1
This post received
KUDOS
Smita04 wrote:
A salesperson makes 5 sales calls. The probability of a successful sales call is 10%. What is the likelyhood the salesperson makes at least 1 successful sales call?


Since the probability of a successful sales call is 10% then the probability of an unsuccessful sales call is 90%.

P(at least one)=1-P(none)=1-(0.9)^5.
_________________

PLEASE READ AND FOLLOW: 11 Rules for Posting!!!

RESOURCES: [GMAT MATH BOOK]; 1. Triangles; 2. Polygons; 3. Coordinate Geometry; 4. Factorials; 5. Circles; 6. Number Theory

COLLECTION OF QUESTIONS:
PS: 1. Tough and Tricky questions; 2. Hard questions; 3. Hard questions part 2; 4. Standard deviation; 5. Tough Problem Solving Questions With Solutions; 6. Probability and Combinations Questions With Solutions; 7 Tough and tricky exponents and roots questions; 8 12 Easy Pieces (or not?); 9 Bakers' Dozen; 10 Algebra set. NEW!!!

DS: 1. DS tough questions; 2. DS tough questions part 2; 3. DS tough questions part 3; 4. DS Standard deviation; 5. Inequalities; 6. 700+ GMAT Data Sufficiency Questions With Explanations; 7 Tough and tricky exponents and roots questions; 8 The Discreet Charm of the DS ; 9 Devil's Dozen!!!; 10 Number Properties set. NEW!!!


What are GMAT Club Tests?
25 extra-hard Quant Tests

Find out what's new at GMAT Club - latest features and updates

1 KUDOS received
Intern
Intern
Joined: 24 Feb 2012
Posts: 36
Followers: 0

Kudos [?]: 3 [1] , given: 18

Re: A salesperson makes 5 sales calls. The probability of a [#permalink] New post 28 Feb 2012, 23:39
1
This post received
KUDOS
1 - [ 5c0 * (1/10)^0 * (9/10)^5 ]
Re: A salesperson makes 5 sales calls. The probability of a   [#permalink] 28 Feb 2012, 23:39
    Similar topics Author Replies Last post
Similar
Topics:
Popular new posts A salesperson earns 5% on all sales between $200 and shubhangi 10 12 Feb 2004, 14:10
New posts Probability: Making friends minhthel 3 17 Aug 2006, 19:56
New posts A sales person gets a 15% commission on each sale he makes. puma 3 19 Apr 2008, 08:21
New posts Bicycle salesperson skim 3 27 Jun 2009, 11:30
New posts 1 Salesperson xmagedo 2 30 Jul 2010, 07:45
Display posts from previous: Sort by

A salesperson makes 5 sales calls. The probability of a

  Question banks Downloads My Bookmarks Reviews  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.