Question
15. In the following problem, check that it is appropriate to use the normal approximation to the binomial. Then use the normal distribution to estimate
15. In the following problem, check that it is appropriate to use the normal approximation to the binomial. Then use the normal distribution to estimate the requested probabilities. Do you try to pad an insurance claim to cover your deductible? About 44% of all U.S. adults will try to pad their insurance claims! Suppose that you are the director of an insurance adjustment office. Your office has just received 126 insurance claims to be processed in the next few days. Find the following probabilities. (Round your answers to four decimal places.) (a) half or more of the claims have been padded
(b) fewer than 45 of the claims have been padded
(c) from 40 to 64 of the claims have been padded
(d) more than 80 of the claims have not been padded 16. It is estimated that 3.6% of the general population will live past their 90th birthday. In a graduating class of 745 high school seniors, find the following probabilities. (Round your answers to four decimal places.) (a) 15 or more will live beyond their 90th birthday
(b) 30 or more will live beyond their 90th birthday
(c) between 25 and 35 will live beyond their 90th birthday
(d) more than 40 will live beyond their 90th birthday 17. In the following problem, check that it is appropriate to use the normal approximation to the binomial. Then use the normal distribution to estimate the requested probabilities. Ocean fishing for billfish is very popular in the Cozumel region of Mexico. In the Cozumel region about 39% of strikes (while trolling) resulted in a catch. Suppose that on a given day a fleet of fishing boats got a total of 25 strikes. Find the following probabilities. (Round your answers to four decimal places.) (a) 12 or fewer fish were caught
(b) 5 or more fish were caught
(c) between 5 and 12 fish were caught 18. In the following problem, check that it is appropriate to use the normal approximation to the binomial. Then use the normal distribution to estimate the requested probabilities. It is known that 85% of all new products introduced in grocery stores fail (are taken off the market) within 2 years. If a grocery store chain introduces 64 new products, find the following probabilities. (Round your answers to four decimal places.) (a) within 2 years 47 or more fail
(b) within 2 years 58 or fewer fail
(c) within 2 years 15 or more succeed
(d) within 2 years fewer than 10 succeed
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