(A) Show that if n 30 and .25 p 75 for a binomial distribution,...

Question:

(A) Show that if n ≥ 30 and .25 ≤ p ≤ 75 for a binomial distribution, then it passes the rule-of-thumb test.

(B) Give an example of a binomial distribution that passes the rule-of-thumb test but does not satisfy the conditions of part (A).

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

Step by Step Answer:

Related Book For book-img-for-question

Finite Mathematics For Business Economics Life Sciences And Social Sciences

ISBN: 9780134862620

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

See More Books

Question Posted: Dec 28, 2023 05:10 AM

See More Questions

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
Part A 1. How well is Scrum working? 2. What are the issues confronting the Big Foot project? 3. Assume you are Kendra. What would you want to say at the retrospective? How would you say it? 4. What...
The rule of thumb stated on page 434 indicated that we would expect the sampling distribution of p_ to be approximately normal when n = 20 and both np and nq are greater than 5.What happens when...
Exercises 11-16: For the measured quantity, state the set of numbers that most appropriately describes it. Choose from the natural numbers, integers, and rational numbers. Explain your answer....
Can the following problems be solved uniquely? (a) The feed streams to an adiabatic equilibrium stage consist of liquid and vapor streams of known composition, flow rate, temperature, and pressure....
4.7 Activity-Based And Department Rate Product Costing and Product Cost Distortions Black and Blue Sports Inc. manufactures two products: snowboards and skis. The factory overhead incurred is as...
Identify the cash activity category for each transaction; (a) purchase equipment for cash, (b) cash payment of wages, (c) sale of common stock for cash, (d) receipt of cash dividends from stock...
An examination of the cash activities during the year shows the following. Suzie has not reconciled the company?s cash balance with that of the bank since the company was started. She asks Summit...
29. When determining your pricing you want to start with "How much is your time worth?" True False 30. If you want to be successful it is crucial to understand that you cannot have a successful...
Consider a specimen of ice that is at 210C and 1 atm pressure. Using Figure 9.2, the pressure-temperature phase diagram for H2O, determine the pressure to which the specimen must be raised or lowered...
Evaluate n C x p x q n x for the values of n, x, and p given in Problem. n = 5, x = 1, p = 1/2
What percentage of the lightbulbs in Example 1 can be expected to last between 500 and 750 hours? Data from Example 1 A manufacturing process produces lightbulbs with life expectancies that are...
In Problems 4764, find the exact values of the six trigonometric functions of the given angle. If any are not defined, say not defined. Do not use a calculator. 75 3
How do these relevant legal principles apply: Duty of care Duty of obedience Duty of loyalty Shareholder Derivative suit Piercing the corporate veil...
what will you do as a hotel manager if a customer complained about bad service they received?
How do marketers use new products to maintain and grow their market share? Your response must include a specific example of a company that successfully grew its business or attracted a new target...
How do you encourage cross-functional synergy within your organization to break down silos and facilitate innovative solutions to complex challenges ?
1. what is intended internal resource strategies. How do you plan to develop or acquire resources (tangible and/or intangible) that would generate core competencies? What are examples of resource...
Water flows from tank A to tank B (Figure P4.1.9), and the water surface elevation difference is 60 feet. Assume the water temperature is 68°F, the pipe material is cast iron, and the pipeline...
Differentiate. y = ln(3x + 1) ln(5x + 1)
Describe three different methods for constructing a confidence interval for a population proportion.
Which method can only construct a 95% confidence interval? A. Range of plausible values B. 2 SD C. Theory-based one-proportion z-interval
Recall the form of a theory-based confidence interval for a population proportion is p multiplier p (1 p) / n. a. Remind me: Whats the difference between p and ? b. The midpoint of this interval...
Question 3 (24 marks) Wonderful Technology Company Limited sells computers and accessories. Data of the store's operations are as follow: Sales are budgeted at $400,000 for December 2019, $420,000...
Kratz Manufacturing Company uses an activity-based costing system. It has the following manufacturing activity areas, related cost drivers and cost allocation rates: Activity Cost Driver Cost...
You are a Partner with Fix-It Consultants and have been engaged in an advisory capacity with a software company, called MoveFast. The company is seeing a sharp decline in revenue, with the primary...

(A) Show that if n 30 and .25 p 75 for a binomial distribution,...

Question:

Step by Step Answer:

A Showing that n 30 and 25 p 75 implies passing the ruleofthumb test Ruleofthumb te...View the full answer

Finite Mathematics For Business Economics Life Sciences And Social Sciences

Students also viewed these Mathematics questions