Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Feb 29, 2024

In a certain city of several million people, 5 . 2 % of the adults are unemployed. If a random sample of 2 5 5

In a certain city of several million people,

5.2 %

of the adults are unemployed. If a random sample of

255

adults in this city is selected, approximate the probability that at least

15

in the sample are unemployed. Use the normal approximation to the binomial with a correction for continuity. Round your answer to at least three decimal places. Do not round any intermediate steps.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

To approximate the probability using the normal approximation to the binomial distribution with a co... 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

Step: 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 Actuarial And Financial Mathematical Methods

Authors: Stephen Garrett

1st Edition

0128001569, 978-0128001561

More Books

Students also viewed these Mathematics questions

Question

Q1. You have identified a market opportunity for home media players that would cater for older members of the population. Many older people have difficulty in understanding the operating principles...

Answered: 1 week ago

Question

Give the typing rules for Peano natural numbers and their eliminator.(ii) Using the rules given above, define the addition function.] (iii) Let a binary tree be either a leaf Leaf or a node...

Answered: 1 week ago

Question

CANMNMM January of this year. (a) Each item will be held in a record. Describe all the data structures that must refer to these records to implement the required functionality. Describe all the...

Answered: 1 week ago

Question

★★★★★

Once an LLC has engaged in a dissolution procedure, the business does not stop immediately. True/False

Answered: 1 week ago

Question

★★★★★

Gabriel's Guacamole manufactures guacamole in one-litre tubs for the restaurant industry. The following information relates to Gabriel's manufacturing operations for the month of May. During May,...

Answered: 1 week ago

Question

★★★★★

Define a Striped_rectangle where instead of fill, the rectangle is filled by drawing one-pixel-wide horizontal lines across the inside of the rectangle (say, draw every second line like that). You...

Answered: 1 week ago

Question

★★★★★

Despite occupational constraints brought by an open Eco, Jains are exceptionally prosperous. What are some possible reasons for this prosperity?

Answered: 1 week ago

Question

★★★★★

Three years ago, you founded your own company. You invested $100,000 of your own money and received 5 million shares of Series A preferred stock. Your company has since been through three additional...

Answered: 1 week ago

Question

★★★★★

Caldwell Company manufactures two products, Product A and Product B. The company's overhead costs consist of setting up machines, $200,000; machining, $100,000; and inspecting, $300,000. Information...

Answered: 1 week ago

Question

★★★★★

Carl Conch and Mary Duval are married and file a joint return. They live at 1234 Mallory Sq. Apt. 64, Key West, FL 33040. Carl works for the Key Lime Pie Company and Mary is a homemaker after losing...

Answered: 1 week ago

Question

★★★★★

What is the role of style in writing?

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

★★★★★

I need help identifying the preliminary accounting issues or problems with this case. The case information and facts are below, what problems should be investigated? Grocery Inc. (Grocery or the...

Answered: 1 week ago

Question

★★★★★

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 year and that Terminal Value...

Answered: 1 week ago

Question

★★★★★

Offset 00000000 00000010 00000020 00000030 00000040 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00000050 40 00 00 00 40 00 00 00 80 00 00 00 FE 2F 00 00 04 00 00 00 26 98 02 80 00 01 06 00 00 06...

Answered: 1 week ago

Question

★★★★★

1. The following diagram shows a glancing collision of mass 1 and mass 2. Assume that the masses are the same and the surface has no friction. Before Collision After Collision horizontal axis Mass 2...

Answered: 1 week ago

Question

★★★★★

are created by you, the programmer, toperform customized operations within a program. You can create these methods to modularize your programs and perform repetitive tasks. Imported methods...

Answered: 1 week ago

Question

★★★★★

The activities listed in lines 2125 serve primarily as examples of A) Underappreciated dangers B) Intolerable risks C) Medical priorities D) Policy failures

Answered: 1 week ago

Question

★★★★★

You are given that Obtain the following partial derivatives. f(x1, x2) = x1 sin x2 x1 + x2 and g(x, y, z) = xyz lnx

Answered: 1 week ago

Question

★★★★★

Calculate the probability of obtaining the following total scores from simultaneously rolling two fair dice. a. 1 b. 12 c. 6 d. 7

Answered: 1 week ago

Question

★★★★★

Determine whether the following ODEs are exact. 1 dy a. 1/2+ = 0 x dx b. (f cos z sin 2) + (2 sin + 2)' = 0 c. 2xg2 +4+2(xg 3)g' = 0 d. (2x+xy) (xy +4y) + ddy = 0 dx

Answered: 1 week ago

Question

★★★★★

Show a free-body diagram. For each: a. Identify the direction of the acceleration vector and show it as a vector next to your diagram. Or, if appropriate, write b. If possible, identify the direction...

Answered: 1 week ago

Question

★★★★★

A constant force is applied to an object, causing the object to accelerate at 10 m/s 2 . What will the acceleration be if a. The force is halved? b. The objects mass is halved? c. The force and the...

Answered: 1 week ago

Question

★★★★★

A single force with x-component Fx acts on a 500 g object as it moves along the x-axis. A graph of Fx versus t is shown in FIGURE P5.32. Draw an acceleration graph (ax versus t) for this object....

Answered: 1 week ago

Previous Question Next Question