The seller is competing on behalf of a client who will bring to the company a si
ID: 3233136 • Letter: T
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