b. A life insurance salesman sells on average 4 life insurance policies per week.i. Find the probability he will sell 2 or more policies but less than 5 policies.ii. Assuming there are 5 working days per week, what is the probability that hecan sell at least 2 policies in a day?

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Answered: b. A life insurance salesman sells on…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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b. A life insurance salesman sells on average 4 life insurance policies per week. i. Find the probability he will sell 2 or more policies but less than 5 policies. ii. Assuming there are 5 working days per week, what is the probability that he can sell at least 2 policies in a day?