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

Question

1 Approved Answer

Don't know how to solve 70% of all Americans live in cities with a population greater than 100,000 people. If 41 Americans are randomly selected,

Don't know how to solve

image text in transcribed
70% of all Americans live in cities with a population greater than 100,000 people. If 41 Americans are randomly selected, find the following probabilities. Round answers to 4 places where possible. (a) Exactly 28 of them live in cities with population greater than 100,000 people. (b) At most 29 of them live in cities with population greater than 100,000 people. (c) At least 26 of them live in cities with population greater than 100,000 people. (d) Between 26 and 33 (including 26 and 33) of them live in cities with population greater than 100,000 people. Liong Points possible: 4

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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_2

Step: 3

blur-text-image_3

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

Introduction To Probability Models

Introduction To Probability Models

Authors: Sheldon M Ross

12th Edition

0128143460, 9780128143469

More Books

Students also viewed these Mathematics questions

Question

★★★★★
Refer to the data in the preceding exercise. The states secretary of education is considering the purchase of a new computer for $150,000. A cost study indicates that the new computer should save the...

Answered: 1 week ago

Question

★★★★★
Research assistantships: You will work in a faculty members research lab in exchange for a stipend (i.e., a certain amount of money that can help defray living expenses).

Answered: 1 week ago

Question

★★★★★
In the section that sells swimming suits at a large department store, the number of purchases in an hour follows the Poisson distribution with ???? =

Answered: 1 week ago

Question

★★★★★
Mr. Lion, who is in the 37 percent tax bracket, is the sole shareholder of Toto, Inc., which manufactures greeting cards. Totos average annual net profit (before deduction of Mr. Lions salary) is...

Answered: 1 week ago

Question

★★★★★
Program-1. An interesting way of calculating pi is to use a technique known as Monte Carlo, which involves randomization. This technique works as follows. Suppose you have a circle inscribed within a...

Answered: 1 week ago

Question

★★★★★
On December 31, Peterson Company's bank statement had a balance of $34,960. Analysis of the bank statement and comparison of the statement and records indicated the following: Deposits in transit at...

Answered: 1 week ago

Question

★★★★★
Jetson Ltd imports inventory from Germany Ltd and on 1 June ordered goods worth Euro 200000 The inventory is delivered on 15 July and payment is made on July 31. Jetson Ltd took out a hedge on 1 June...

Answered: 1 week ago

Question

★★★★★
The ABC Company has net written premiums in the amount of $4.12 billion and a policyholders' surplus of $2.84 billion. LMN Inc. has net written premiums in the amount of $9.85 billion and a...

Answered: 1 week ago

Question

★★★★★
Assignment #1 Directions: Read and answer the questions below.This assignment is to be completed in two steps.Step One of the assignment is due on October 7, 2021, before class.For Step One, you are...

Answered: 1 week ago

Question

★★★★★
Pharmaceutical Benefits Managers (PBMs) are intermediaries between upstream drug manufacturers and downstream insurance companies. They design formularies (lists of drugs that insurance will cover)...

Answered: 1 week ago

Question

★★★★★
RI_t=(ROIC_t-WACC_t)*IC_(t-1) Imagine it is currently the first day of 2019. The corporate tax rate is 40% and the WACC is estimated to be 13% pa. Suppose also that there is no surplus cash in any...

Answered: 1 week ago

Question

★★★★★
3. How can rumours about someone contribute to creating the behaviour we expect him / her to have? Use examples from your own everyday life.

Answered: 1 week ago

Question

★★★★★
2. How can the expectations we have of a person contribute to the image we have of him / her? Give some examples from your own everyday life.

Answered: 1 week ago

Question

★★★★★
9. Discuss the statement: If the actors mainly act on the basis of a view of human-ity as driven by self-interest, and incorporate this idea into their models, they may end up with their premises...

Answered: 1 week ago

Previous Question Next Question