A salesman has a 38% chance of sale at his first stop, a 44% chance of sale at his second stop, and a 28% chance of sale at both stops. Find the odds that he will make a sale at the second stop.
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Answer:
The chance for the percent sale at the second stop is:
P2=44% .
The expression for the odds that salesman make a sale at the second stop is,
x =P2/1−P2
Substitute the values.
x = 0.44/1−0.44
=11/14
Thus, the odd is from 11 to 14 that salesman make a sale at the second stop.
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