A supplier of heavy construction equipment has found that new customers are normally obtained through customer requests for a sales call and that the probability of a sale of a particular piece of equipment is 0.15. If the supplier has four pieces of the equipment available for sale, what is the probability that it will take fewer than six customer contacts to clear the inventory?

Question:

A supplier of heavy construction equipment has found that new customers are normally obtained through customer requests for a sales call and that the probability of a sale of a particular piece of equipment is 0.15. If the supplier has four pieces of the equipment available for sale, what is the probability that it will take fewer than six customer contacts to clear the inventory?

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