In a typical week an insurance agent of XYZ

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January 12th, 2018

In a typical week an insurance agent of XYZ company present life insurance plan to a 20 potantial customer. Historically 1 in 5 such customer chose to buy life insurance plan from this agent. Find the following for XYZ for the next week.What is the probability that no more than 5 customer sign up?What is the probability that at least 3 customer sign up?What is the probability that less than 4 customer sign up?What is the probability that more than 4 but less than 8 sign up?

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