1) Assume the geometric distribution applies.Use the given probability of success to find the indicated probability.
Find (P3), when p=0.58
3) Assume the probability that you will make a sale on any five telephone call is 0.66. Find the probability that you (a) make your first sale on the 5th call, (b) make your first sale on the 1st call 2nd, 3rd, and 4th call. and (c) you do make a sale on one of the first call.
The solution answers three questions of probability on three different distributions: geometric, poisson, and binomial