An organization that gives regular seminars on sales motivation methods determines that 55% of its clients have

Question:

An organization that gives regular seminars on sales motivation methods determines that 55% of its clients have attended previous seminars. From a sample of 500 clients what is the probability that more than half attended previous seminars?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Statistics For Business And Economics

ISBN: 9781292315034

9th Global Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

See More Books

Question Posted: Nov 14, 2022 02:53 AM

See More Questions

An organization that gives regular seminars on sales motivation methods determines that 60% of its clients have attended previous seminars. From a sample of 400 clients what is the probability that...
What is the probability that more than four accidents will occur in any given month at the intersection? a. Use the Poisson distribution to find P(0), P(1), P(2), P(3), and P(4). b. Find the sum of...
What is the probability that more than 2 customers will arrive in an hour, when the mean arrival rate is 2 customers per hour and interarrival times are exponentially distributed?
1. An auditor selected a product maintained in the finished goods Warehouse. The auditor counted the product and compare this amount what the amount in the finished goods Perpetual inventory...
Concurrent control is a real-time practice. Using procedures and mechanisms to manage events as they are unfolding offers greater responsiveness and the opportunity to minimize risk and/or damage to...
Create a function in PSM that computes the median salary for the EMPLOYEE table shown in Figure 5.5. Figure 5.5 EMPLOYEE Fname Minit Lname Ssn Sex Salary Super_ssn Dno Bdate Address DEPARTMENT Dname...
On April 1, 2013, Jiro Nozomi created a new travel agency. Adventure Travel. The following transactions occurred during the companys first month. The companys chart of accounts follows Required 1....
You are a town council member in the seaside town of Pleasantville. Poor economic conditions and unusually severe weather conditions have affected tourism in the town, leading to significantly...
The rate of return that management expects to pay on all borrowed and equity funds is the a) cutoff rate. b) hurdle rate. c) minimum rate. d) cost of capital
The beginning inventory for Midnight Supplies and data on purchases and sales for a three-month period are shown in Problem 6-1A. Instructions 1. Determine the inventory on March 31 and the cost of...
A market research organization has found that 45% of all supermarket shoppers refuse to cooperate when questioned by its pollsters. If 1,500 shoppers are approached, what is the probability that...
It is estimated that amounts of money spent on gasoline by customers at a gas station in Bristol, England, follow a normal distribution with a standard deviation 3.4. It is also found that 5% of all...
When 5.30 X 105 J of heat is added to a gas enclosed in a cylinder fitted with a light frictionless piston maintained at atmospheric pressure, the volume is observed to increase from 1.9m3 to 4.1m3....
The four forces, 400, 500, 600 and 700N are acting along the edges of a 0.8m cube as shown. Represent the resultant of these forces by 1) A force Fr through the point A 2) A couple moment Mr (give...
Problem 1. What is the degree of freedom of the following mechanism? Sliding joint Sliding joint
PILAR Manufacturing Co. has three producing departments (P, I, & L), and two service departments (A&R). The total estimated departmental expenses for 2021 before distribution of service department...
1. A volleyball player serves the ball at point A with an initial velocity vo at an angle of 20 to the horizontal. (a) Determine the minimum velocity of the serve such that the ball will just clear...
9.50. Dipping low ** A top with I = 3/3 floats in outer space and initially spins around its x3 axis with angular speed w3. You apply a strike at the bottom point, directed into the page, as shown in...
Estimate the power output possible for a hydroelectric dam with hydraulic head Z = 30 m, flow rate Q = 300 m 3 /s, and turbine efficiency 90%.
Catherine (aged 42) and Johnson (aged 45) have been married for 12 years. Johnson is a project manager of an event company at a monthly salary of $55,000 with an additional one-month salary of...
An agency offers students preparation courses for a graduate school admissions test. As part of an experiment to evaluate the merits of the course, 12 students were chosen and divided into six pairs...
A newspaper article reported that 400 people in one state were surveyed and 75% were opposed to a recent court decision. The same article reported that a similar survey of 500 people in another state...
The Healthy Eating Index measures on a 100-point scale the adequacy of consumption of vegetables, fruits, grains, milk, meat and beans, and liquid oils. This scale is called HEI2005 (Guenther et...
the internal operation rulea of cooperation are known As ?
"When it comes to audit sampling, both statistical and non-statistical sampling are equally effective." Defend or refute the preceding statement. (1 Mark).
ACC 2 0 2 Milestone One: Operational Costs Data Appendix You plan to open a small business for manufacturing pet collars, leashes, and harnesses. You have found a workshop space you can use for...

An organization that gives regular seminars on sales motivation methods determines that 55% of its clients have

Question:

Step by Step Answer:

Statistics For Business And Economics

Students also viewed these Statistics questions