The seller is competing on behalf of a client who will bring to the company a si

Question

The seller is competing on behalf of a client who will bring to the company a significant investment of money. If he manages to bring the account will receive a bonus of $50,000 otherwise your bonus will be $10,000 for the effort. Taking into account the experience of the seller the probability that manages to capture the customer is 35% and 65% of that with all your effort does not reach it.

26. The expected yield is

to. $6,500

b. $17,500

c. $24,000

d. $24,955

27. Is the variance by

to. $364,000,000

b. $300,000,000

c. $275,000,000

d. $200,000,000

28. Is the standard deviation by

to. $39,700

b. $27,000

c. $21,780

d. $19,079

29. The expected performance of capturing customer is

to. $24,000

b. $20,000

c. $17,500

d. $15,000

Explanation / Answer

26) =24000

27)variance =940000000-(24000)2 =364000000

28) std deviation=(364000000)1/2 =19079

29)expected performance of capturing customer =17500

x P(x) xP(X) x^2P(X) 50000 0.35 17500 875000000 10000 0.65 6500 65000000 Total 24000 940000000

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.