Question

A company offers protection for leaks obtained from client tanks, and three employees work 40 hours a week. On average, 5 percent of potential leads actually sign up for the service. How can you calculate the number of leads the company can obtain per week, and what proportion of them are likely to sign up?

Answer 1

To calculate the number of leads the company can obtain per week, multiply the number of hours worked by the number of employees. The proportion of leads that are likely to sign up can be calculated by multiplying the total number of leads by the given percentage.

Step-by-step explanation:

To calculate the number of leads the company can obtain per week, you need to multiply the number of hours worked by the number of employees. In this case, there are three employees who work 40 hours a week, so the total number of work hours is 3 employees * 40 hours = 120 hours per week.

To calculate the number of leads, you need to multiply the total number of work hours by the percentage of leads that sign up. In this case, the percentage is 5%, so the number of leads is 120 hours * 5% = 6 leads per week.

The proportion of leads that are likely to sign up is given as 5%. This means that out of the total number of leads, 5% of them are expected to sign up. So, out of the 6 leads, 0.05 * 6 = 0.3 leads are likely to sign up.