Respuesta :
I think that the likelihood will still be 0.8 as that means that 8 out of 10 calls will be resolved within one hour so the 7 out of 10 falls within that likelihood so therefore the callers can go by that assumption and be fairly confident that they have quite a high likelihood of having their problems resolved within one hour.
To solve this problem, we make use of the binomial probability formula. That is:
P = [n! / (n – r)! r!] p^r * q^(n – r)
where,
n is the total number of customer calls = 10
r is the number of resolved customer calls = 7
p is the probability of resolving in one hour = 0.80
q is 1 – p = 0.20
Therefore,
P = [10! / (10 – 7)! 7!] 0.80^7 * 0.20^(10 – 7)
P = 0.2013 = 20.13%