Probability Assignment/Professional Writing Services

Our professional writers will address all you homework
requirements and provide a quality paper with guarantees of 100% plagiarism free.
We provide 24/7 customer Support.

Order Research Paper In a Few Clicks



Get my paper done

By clicking “Get my paper done”, you agree to our terms of service and privacy policy. We’ll occasionally send you promo and account related emails.

Probability Assignment/Professional Writing Services

Q3. A dealer of several banquet halls knows from past experience that 10% of the people who visit the bookings office and talk to the salesperson will eventually book a hall. To increase the chances of success, you propose to offer a free lunch with a salesperson for all the chances of success, you propose to offer a free meal with a salesperson for all people who agree to listen to a complete sales presentation.  You know that some people will do anything for a free lunch even if they don’t intend to book a hall. However, some people would rather not spend a lunch with a banquet salesperson. Thus, you wish to test the effectiveness of this sales promotion incentive. The project is conducted for six months,

Q3. A dealer of several banquet halls knows from past experience that 10% of the people who

visit the

bookings office and talk to the salesperson will eventually book a hall. To increase the

chances of success, you propose to offer a free lunch with a salesperson for all the chances of

success, you propose to offer a free meal with a salesperson for all people who agree to listen to

a complete sales presentation.

Professional Writing Services

 You know that some people will do anything for a free lunch even

if they don’t intend to book a hall. However, some people would rather not spend a lunch with a

banquet salesperson. Thus, you wish to test the effectiveness of this sales promotion incentive.

The project is conducted for six months, and rest 40% of the people who made any booking had

a free lunch. In addition, 10% of the people who did not book a hall had a free lunch. The

specific questions to be answered are these:

(a) Do people who accept the lunch have a higher probability of booking a banquet hall?

(b) What is the probability that a person who does not accept a free lunch will book a hall?

Get Statistics homework help today