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Thirty percent of all customers who enter a department store will make a purchas

ID: 3154558 • Letter: T

Question

Thirty percent of all customers who enter a department store will make a purchase. Suppose that 6 customers enter the store and that these customers make independent purchase decisions. a. Find the probability that exactly 5 customers make a purchase b. Find that probability that at least 3 customers make a purchase c. Find the probability that two or fewer customers make a purchase d. Find the probability that at least one customer makes a purchase. e. As the manager of the department store, how should store associates persuade customers who enter the store to make a purchase? PLEASE ANSWER (E). I was able to get the others. Thanks!

Explanation / Answer

The store associates can persuade customers to make a purchase by visualizing the customers' behaviour and then recommending the products based on interest of the customers in the store.

The store associates may also start some scheme and discount offer by doing some prior study on the sale behaviour.

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