According to a Virginia Tech survey, college students make an average of 11 cell phone calls per
Question:
a. What distribution can you use to model the number of calls a student makes in a day?
b. If you select a student at random, what is the probability that he or she makes more than 10 calls in a day? More than 15? More than 20?
c. If you select a random sample of 10 students, what distribution can you use to model the proportion of students who have parents who pay their cell phone expenses?
d. Using the distribution selected in (c), what is the probability that all 10 have parents who pay their cell phone expenses? At least 9? At least 8? 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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Related Book For
Basic Business Statistics Concepts And Applications
ISBN: 9780132168380
12th Edition
Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
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