FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A researcher wishes to conduct a study of the color preferences of new car buyers. Suppose that 50% of this population prefers the color blue.

A researcher wishes to conduct a study of the color preferences of new car buyers. Suppose that 50% of this population prefers the color blue. If 10 buyers are randomly selected, what is the probability that exactly 3 buyers would prefer blue? Round your answer to four decimal places.

Step by Step Solution

★★★★★

3.44 Rating (151 Votes )

There are 3 Steps involved in it

Step: 1

Let X No of car buyers who prefers colour blue X Binomial dis... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Statistics

Fundamentals Of Statistics

Authors: Michael Sullivan III

4th Edition

978-032184460, 032183870X, 321844602, 9780321838704, 978-0321844606

More Books

Students also viewed these Mathematics questions

Question

★★★★★
Outline a research design using observation for each of the following situations: a. A bank wishes to collect data on the number of customer services and the frequency of customer use of these...

Answered: 1 week ago

Question

★★★★★
The village of Oak Lawn wishes to conduct a study regarding the income level of households within the village. The village manager selects 10 homes in the southwest corner of the village and sends an...

Answered: 1 week ago

Question

★★★★★
What is the probability that exactly 3 of 5 light users are HIV positive? Infectious Disease A study considered risk factors for HIV infection among intravenous drug users [11]. It found that 40% of...

Answered: 1 week ago

Question

★★★★★
General-equilibrium effects with labor complementarity. Consider an economy comprised of 100 cities. Each city initially contains 1 million each of high school dropouts, high school graduates,...

Answered: 1 week ago

Question

★★★★★
Braun Company produces its product through a single processing department. Direct materials are added at the beginning of the process. Conversion costs are added to the product evenly throughout the...

Answered: 1 week ago

Question

★★★★★
Federalworkplace safety standards for noise levels state that personal protective equipment is required if the time-weighted sound level at awork site exceeds 90 dBA. Suppose that this is interpreted...

Answered: 1 week ago

Question

★★★★★
How do certain genetic conditions affect motor control?

Answered: 1 week ago

Question

★★★★★
Garfun, Inc., owns all of the stock of Simon, Inc. For 2014, Garfun reports income (exclusive of any investment income) of $480,000. Garfun has 80,000 shares of common stock outstanding. It also has...

Answered: 1 week ago

Question

★★★★★
CASE STUDY CONVEX Ltd. is a new company that was established on 1st January, 2020 to oversee the production of coronavirus vaccines for Ghana. On 1st July, 2020, CONVEX Ltd. acquired 75% shares in...

Answered: 1 week ago

Question

★★★★★
Computer Service and Repair was started five years ago by two college roommates. The company's comparative balance sheets and income statement are presented below, along with additional information....

Answered: 1 week ago

Question

★★★★★
QUESTION 1. A client of yours owns a property that is one acre in extent. Your client has applied to the local council for permission to subdivide the property into four stands of 1 000m2 each. Two...

Answered: 1 week ago

Question

★★★★★
Gamma Manufacturing has prepared the following flexible budget for October and it is in the process of interpreting the variances. F denotes a favorable variance and U denotes an unfavorable...

Answered: 1 week ago

Question

★★★★★
What is the role of the customer in service operations? A.) They facilitate collaboration between suppliers B.) They are responsible for majority of fixed costs. C.) They are a supplier of process...

Answered: 1 week ago

Question

★★★★★
A contract to purchase a year of business consulting has a base price of $25,000 but also includes a bonus of $5,000 if the company's performance metrics improve by 10%. Due to the extensive amount...

Answered: 1 week ago

Question

★★★★★
Cando Manufacturing Inc. (CMI) produces toys for small children. CMI's schedule of cost of goods manufactured for 2023 is as follows: Direct materials used $ 58,000 Direct labour 95,000 Manufacturing...

Answered: 1 week ago

Question

★★★★★
Cost of Goods Sold Beginning Inventory $63,000 Add: Purchases $25,000 Less: Purchase Discounts $2,500 Purchase Returns and Allowances $1,500 Net Purchases $21,000 Freight-in $8,000 Cost of Goods...

Answered: 1 week ago

Question

★★★★★
Why is there an error at line 2? SQL> SET ECHO ON SQL> SPOOL c:\ App\WA2spool.txt SP2-0768: Illegal SPOOL command Usage: SPOOL { | OFF | OUT } where is file_name[.ext] [CRE[ATE]|REP[LACE]|APP[END]]...

Answered: 1 week ago

Question

★★★★★
Draw a Feynman diagram for the reaction n + v p + .

Answered: 1 week ago

Question

★★★★★
Microsoft Word and compose a posted formal business letter according to the following scenario: You brought your family to a famous restaurant to celebrate your birthday. You were seated in a smoking...

Answered: 1 week ago

Question

★★★★★
Assume that the random variable X is normally distributed, with mean = 50 and standard deviation = 7. Find each indicated percentile for X. The 38th percentile?

Answered: 1 week ago

Question

★★★★★
Explain the difference between accepting and not rejecting a null hypothesis.

Answered: 1 week ago

Question

★★★★★
Each of the following three data sets represents the IQ scores of a random sample of adults. IQ scores are known to have a mean and median of 100. For each data set, determine the mean and median....

Answered: 1 week ago

Question

★★★★★
What skills did you practice the most as a child? Which have you continued to use? How do you think this affected your brain development?

Answered: 1 week ago

Question

★★★★★
The threadlike structures made largely of DNA molecules are called ____________.

Answered: 1 week ago

Question

★★★★★
The three major issues that interest developmental psychologists are nature/nurture, stability/change, and ____________ / ____________.

Answered: 1 week ago

Previous Question Next Question