According to ars technica, HP is the leading company in the United States in PC sales with

Question:

According to ars technica, HP is the leading company in the United States in PC sales with about 27% of the market share. Suppose a business researcher randomly selects 130 recent purchasers of PCs in the United States.

a. What is the probability that more than 39 PC purchasers bought an HP computer?

b. What is the probability that between 28 and 38 PC purchasers (inclusive) bought an HP computer?

c. What is the probability that fewer than 23 PC purchasers bought an HP computer?

d. What is the probability that exactly 33 PC purchasers bought an HP computer?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Business Statistics For Contemporary Decision Making

ISBN: 409

8th Edition

Authors: Black Ken

See More Books

Question Posted: Feb 19, 2015 08:49 AM

See More Questions

What is the probability that more than four accidents will occur in any given month at the intersection? a. Use the Poisson distribution to find P(0), P(1), P(2), P(3), and P(4). b. Find the sum of...
A newspaper company in Southeast United States has experienced rapid growth. However, in the past two years, competition has increased with two new newspapers in your area and the expansion of...
What is the probability that more than 2 customers will arrive in an hour, when the mean arrival rate is 2 customers per hour and interarrival times are exponentially distributed?
When the freed slave saw the real physical object? A) He was perplexed by the object when he was told what they were B) He was dazzled by the light C) He didn't believe what he was told D) all adove...
Which demographic variables are most closely associated with the following? What would explain this association? Which contributes most to causing each? a) Working hard b) View shopping as a form of...
Profit Maximization and Pollution Reduction The ideas of profit maximization and of comparing marginal revenue and marginal cost to find the profit-maximizing output level can be useful even for...
Under service costing depreciation is always fixed.
Use the spreadsheet model constructed to answer Problem 1 to answer this problem. a. Construct a one-way data table with production volume as the column input and profit as the output. Breakeven...
When Patey Pontoons issued 4 % bonds on January 1 , 2 0 2 4 , with a face amount of $ 5 2 0 , 0 0 0 , the market yield for bonds of similar risk and maturity was 5 % . The bonds mature December 3 1 ,...
A 0.1401-g sample of a purified carbonate was dissolved in 50.00 mL of 0.1140 M HCl and boiled to eliminate CO2. Back-titration of the excess HCl required 24.21 mL of 0.09802 M NaOH. Identify the...
According to the Yankee Group, 53% of all cable households rate cable companies as good or excellent in quality transmission. Sixty percent of all cable households rate cable companies as good or...
A study about strategies for competing in the global marketplace states that 52% of the respondents agreed that companies need to make direct investments in foreign countries. It also states that...
Suppose that P is a stochastic matrix all of whose entries are greater than or equal to p. Show that all of the entries in P n are greater than or equal to p for n = 1; 2,........
Maria A Solo (SSN 318-01-6921) lives at 190 Glenn drive, grand rapids, Michigan 49527-2005. Maria (age 45 and single) claims her aunt, Selda Ray (ssn 282-61-4011), as a dependent. Selda lives with...
A clinical trial was conducted to test the effectiveness of a drug used for treating insomnia in older subjects. After treatment with the drug, 11 subjects had a mean wake time of 95.1 min and a...
PROBLEM 13-3 Translation-Local Currency Is the Functional Currency LO7 (This problem is a continuation of the illustration presented in the chapter.) On January 2, 2019, P Company, a US-based...
The operations manager for a local bus company wants to decide whether he should purchase a small, medium, or large new bus for his company. He estimates that the annual profits (in $000) will vary...
Claim: Fewer than 8.2% of homes have only a landline telephone and no wireless phone. Sample data: A survey by the National Center for Health Statistics showed that among 13,215 homes 5.78% had...
A distillation column at $101.3 \mathrm{kPa}$ is separating a two-phase feed that is $60.0 \%$ liquid, $40.0 \mathrm{~mol} \%$ methanol, and $60.0 \mathrm{~mol} \%$ water. Distillate product...
In a certain school district, 3% of the faculty use none of their sick days in a school year. Find the probability that 5 faculty members selected at random used no sick days in a given year.
Key success factors. Dalworth Construction Company provides construction services for major projects. Managers at the company believe that construction is a people-management business, and they list...
Shown below is output from two Excel regression analyses on the same problem. The first output was done on a "full" model. In the second output, the variable with the smallest absolute t value has...
The DeBourgh Manufacturing Company was founded in 1909 as a metal-fabricating company in Minnesota by the four Berg brothers. In the 1980s, the company ran into hard times, as did the rest of the...
Use the forecast errors given here to compute MAD and MSE. Discuss the information yielded by each type of error measurement. Period e 1 ..........2.3 2 ..........1.6 3 ..........-1.4 4 ..........1.1...
1) The process that begins with recording business transactions and concludes with the completion of the financial statements is the:A) operating cycle.B) natural business year.C) fiscal year.D)...
8) An account is said to have a debit balance if:A) the footing of the debits exceeds the footing of the credits. B) there are more entries on the debit side than on the credit side. C) its normal...
Accounts Payable had a normal starting balance of $900 credit. There were debit postings of $100 and credit postings of $450 during the month. The ending balance is:A) $1250 credit.B) $1450 debit.C)...

According to ars technica, HP is the leading company in the United States in PC sales with

Question:

Step by Step Answer:

p 27 n 130 Conversion to normal dist n p 13027 351 s npq 13002773 5062 a P ...View the full answer

Business Statistics For Contemporary Decision Making

Students also viewed these Statistics questions