To find: The Potential donors will need to get their first $100 donor contact researcher.
Answer to Problem 14E
$100
Explanation of Solution
Given:
Formula used:
Calculation:
D = Potential donor
H = Potential donor donates 100 dollars or more
Suppose X be the number of contacts when you first find the potential donor X is geom. (0.01)
Therefore, a total of about 100 potential donors can be obtained before the first donor receives $100.
Chapter 17 Solutions
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