Working on summer vacation. Suppose in a school it is found that 30% of adults do not

Question:

Working on summer vacation. Suppose in a school it is found that 30% of adults do not work at all while on summer vacation. In a random sample of 8 adults, let x represent the number who do not work during summer vacation.

a. For this experiment, define the event that represents a

“success.”

b. Explain why x is (approximately) a binomial random variable.

c. Give the value of p for this binomial experiment.

d. Find P1x = 32.

e. Find the probability that 2 or fewer of the 8 adults do not work during summer vacation.

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

Step by Step Answer:

Related Book For book-img-for-question

Statistics Plus New Mylab Statistics With Pearson Etext Access Card Package

ISBN: 978-0134090436

13th Edition

Authors: James Mcclave ,Terry Sincich

See More Books

Question Posted: Jul 19, 2024 06:03 PM

See More Questions

Portray in words what transforms you would have to make to your execution to some degree (a) to accomplish this and remark on the benefits and detriments of this thought.You are approached to compose...
Student: Sterling White Instructor: David Scott Date: 10/11/22 Course: Math 1324 PreCalculus for Business Assignment: Section 5.3 Homework 8. A manufacturing company makes two types of water skis. a...
Through the use of strategic alternatives, companies may compete in a marketplace, achieve its vision, or if no vision has been articulated, decide where it might go and what it might achieve....
Which of the following is NOT a factor to be considered in determining a limited-life intangible assets useful life? The expected useful life of any related asset All of the other answers are correct...
Why is the change in net working capital included in operating cash flow estimates?
a business that has a variety of inventory items may choose a different cost flow assumption for each item Select one: True False Next page
Undervalued assets, partial goodwill method, intragroup transactions LO4, 6 On 1 July 2018, Water Ltd paid $236 400 for 75% of the issued shares of Rat Ltd. At this date, the equity of Rat Ltd...
Here is a comparative balance sheet for Puffed Up Company: Additional information: 1. Net income for 2008 was $98,000. Land was sold at cost. 2. Cash dividends of $40,000 were declared and paid. 3....
c2( Is the investment analysis method logical?
Superstitions survey. Are Americans superstitious? A Harris (Feb. 2013) poll of over 2,000 adult Americans was designed to answer this question. One survey item concerned the phrase see a penny, pick...
The binomial probability distribution is a family of probability distributions with each single distribution depending on the values of n and p. Assume that x is a binomial random variable with n =...
The following were selected from among the transactions completed by Essex Company during March of the current year: Mar. 2. Sold merchandise on account to Parsley Co., $32,000, terms 1/10, n/30. The...
A box is separated by a partition which divides its volume in the ration of 3:1. the larger portion of the box contains 1000 molecules of Ne gas; the smalled portion contains 100 molecules of He gas....
The process of translating an idea into goods and services that create value or for which clients will pay is called
Let f be twice differentiable with f(0) = 6, f(1) = 8, and f'(1) = 7. Evaluate the following integral. [ = 0 0 xf" (x)dx
Although the Chen Company's milling machine is old, it is still in relatively good working order and would last for another 10 years. It is inefficient compared to modern standards, though, and so...
PART-3: OFFLINE QUESTIONS - Upload files using the submission link. 1. In 2020 Starbucks began a secret project to develop a competing product against the Keurig Single Serve coffee brewer. The...
List some of the features of the TPC benchmarks that help make them realistic and dependable measures.
What are the four types of poultry production systems? Explain each type.
A project with a life of 12 has an initial fixed asset investment of $44,100, an initial NWC investment of $4,200, and an annual OCF of $67,200. The fixed asset is fully depreciated over the life of...
You buy a bond today at face value for $1,000 with a 5.8% coupon interest payment. The bond matures in 8 years. One year from now, you sell your bond when interest rates are 8.6%. What is your rate...
Carlos owns 500 shares of Samson Timber. This year, there are 3 open seats on the board of directors. If Samson uses cumulative voting, Carlos will receive a total of _____ votes of which he can cast...

Working on summer vacation. Suppose in a school it is found that 30% of adults do not

Question:

Step by Step Answer:

Statistics Plus New Mylab Statistics With Pearson Etext Access Card Package

Students also viewed these Business questions