Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

In 2017, sales information shows that 30% of appliance sales are dryers. Smith's Appliance Depot, sold 40 appliances, 10 of them were dryers. The owner

In 2017, sales information shows that 30% of appliance sales are dryers. Smith's Appliance Depot, sold 40 appliances, 10 of them were dryers. The owner wonders if Smith's results are similar to the national sales.

Using Smith's data what is the probability of selling 10 or more dryers? Then using the national data, what is the probability of selling 10 or more dryers?Is Smith's probability higher than the national probability?Use your calculations to justify your answer to the nearest whole percent.

Hint: We are looking as successes and failures; ask yourself (1) are they independent or dependent, (2) is an interval used?

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

WebAssign For Applied Calculus For The Life And Social Sciences, Enhanced Edition

Authors: Ron Larson

1st Edition

1337768197, 9781337768191

More Books

Students explore these related Mathematics questions

Question

Cite ways to reduce excess spending.

Answered: 3 weeks ago