Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is the first big change that American drivers made due to higher gas prices? According to an Access America survey, 20% said that it

What is the first big change that American drivers made due to higher gas prices? According to an Access America survey, 20% said that it was cutting recreational driving. However, 27% said that it was consolidating or reducing errands. If these figures are true for all American drivers, and if 20 such drivers are randomly sampled and asked what is the first big change they made due to higher gas prices,

a. What is the probability that exactly 8 said that it was consolidating or reducing errands?

__________

*

b. What is the probability that none of them said that it was cutting recreational driving?

___________

**

c. What is the probability that more than 7 said that it was cutting recreational driving?

__________

***

Appendix A Statistical Tables

*(Round your answer to 4 decimal places.)

**(Round your answer to 7 decimal places.)

***(Round your answer to 3 decimal places when calculating using Table A.2.)

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

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

Quantitative Analysis For Management

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna

11th Edition

9780132997621, 132149117, 132997622, 978-0132149112

Students also viewed these Mathematics questions

Question

What is the amount of the discount if the new cell phone is $278

Answered: 1 week ago