A large state university sends recruiters throughout the state to recruit graduating high school seniors to enroll

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A large state university sends recruiters throughout the state to recruit graduating high school seniors to enroll in the university. University records show that 25% of the students who are interviewed by the recruiters actually enroll. If last spring the university recruiters interviewed 1,889 graduating seniors, what is the probability that at least 500 of them will enroll this fall?

Use a normal distribution to compute the required probabilities also state the assumptions necessary for a binomial distribution, and indicate whether the assumptions are reasonable.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Complete Business Statistics

ISBN: 9780077239695

7th Edition

Authors: Amir Aczel, Jayavel Sounderpandian

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