A supplier of heavy construction equipment has found that new customers are normally obtained through customer requests for a sales call and that the probability of a sale of a particular piece of equipment is 0.15 . If the supplier has two pieces of the equipment available for sale, what is the probability that it will take fewer than four customer contacts to clear the inventory? (Round your answer to four decimal places.)
A supplier of heavy construction equipment has found that new customers are normally obtained through customer requests for a sales call and that the probability of a sale of a particular piece of equipment is 0.15 . If the supplier has two pieces of the equipment available for sale, what is the probability that it will take fewer than four customer contacts to clear the inventory? (Round your answer to four decimal places.)
Chapter8: Sequences, Series,and Probability
Section: Chapter Questions
Problem 41CT: On a game show, a contestant is given the digits 3, 4, and 5 to arrange in the proper order to form...
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A supplier of heavy construction equipment has found that new customers are normally obtained through customer requests for a sales call and that the
Transcribed Image Text:A supplier of heavy construction equipment has found that new customers are normally obtained through customer requests for a sales call and that the probability of a sale of a
particular piece of equipment is 0.15. If the supplier has two pieces of the equipment available for sale, what is the probability that it will take fewer than four customer contacts to clear
the inventory? (Round your answer to four decimal places.)
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