Suppose that of 40 salespersons in a company, 10 are females and the rest males. Five of

Question:

Suppose that of 40 salespersons in a company, 10 are females and the rest males. Five of them are randomly chosen to attend a seminar. What is the probability that three females and two males are chosen?

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 Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

See More Books

Question Posted: Feb 10, 2024 12:57 PM

See More Questions

KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
Read and answer the question below. EMBRACE DEMOGRAPHICS AND SOCIETAL CHANGES Using Differences to Drive Value Force 7: Demographics and Societal Changes. One of the most important forces that is...
A pool of six candidates for three managerial positions includes three females and three males. Denote the three females by F1, F2, F3 and the three males by M1, M2, M3. The result of choosing three...
Give the decoding key for the encoding keys in Problems 2536. Minus 4, divide by 2.
Suppose a company rents a building for $225,000 a year for the purpose of manufacturing between 100,000 and 180,000 units (the relevant range of activity). The rental cost per unit of production will...
LASIK surgery complications. According to studies, 1% of all patients who undergo laser surgery (i.e., LASIK) to correct their vision have serious post-laser vision problems (American Refractive...
Traditionally, Japanese MNEs followed an ethnocentric orientation in international staffing, in which managers from headquarters held key subsidiary positions. Sony is shifting away from this model....
Clown Around, Inc., provides party entertainment for children of all ages. The following is the company's trial balance dated February 1, current year. Clown Around engaged in the following...
$ 4.32 $ 4.55 13.68 Koontz Company manufactures a number of products. The standards relating to one of these products are shown below, along with actual cost data for May. Standard Actual Cost per...
An insurance company found that one of 5,000 50-year-old, nonsmoking males will suffer a heart attack in a given year. The company has 50,000 50-year-old, nonsmoking male policyholders. What is the...
Consider a single toss of a fair coin, and define X as the number of heads that come up on that toss. Then X can be 0 or 1, with a probability of 50 %. The expected value of X is 1/2 . Can we expect...
8. Encourage initiative and responsibility.
Administrators at International University are curious how students' GPAs after their first year compare to their high school GPAs. They plan on taking an SRS of 80 of the 900 freshmen to look up...
( 8 x - x ^ 2 ) / ( x ^ 4 ) what is the derivate.
Solve for x . log 1 0 ( 4 x ) log 1 0 ( x 3 ) = 1
Let f ( x ) = ( 8 x - 4 x ^ 2 ) It is ^ x . Find the inflection points
f ( x ) = sin ( x ) / ( 2 * x ^ 2 + 4 ) , differentiate using quotient with respect to x
Should agencies be liable for their clients' advertising bills? Why or why not?
For a Poisson process of rate , the Bernoulli arrival approximation assumes that in any very small interval of length , there is either 0 arrivals with probability 1- or 1 arrival with probability ....
The British Medical Journal (August 17, 2002) published a study to compare the effectiveness of handwashing with soap and hand rubbing with alcohol. Health care workers who used hand rubbing had a...
A plant that manufactures denim jeans in the United Kingdom recently introduced a computerized automated handling system. The new system delivers garments to the assembly line operators by means of...
An analyst tested the null hypothesis 20 against the alternative hypothesis that < 20. The analyst reported a p-value of .06. What is the smallest value of for which the null hypothesis would be...
If you purchase a $1000 par value bond for $1065 that has a 6 3/8% coupon rate and 15 years until maturity, what will be your annual return? 5.5% 5.9% 5.7% 6.1%
Famas Llamas has a weighted average cost of capital of 8.8 percent. The companys cost of equity is 12 percent, and its pretax cost of debt is 6.8 percent. The tax rate is 22 percent. What is the...
The common stock of a company paid 1.32 in dividens last year. Dividens are expected to gros at an 8 percent annual rate for an indefinite number of years. A) If the company's current market price is...

Suppose that of 40 salespersons in a company, 10 are females and the rest males. Five of

Question:

Step by Step Answer:

The problem youre trying to solve is a combination problem A combination is a selection of items in ...View the full answer

Statistics For Business And Financial Economics

Students also viewed these Business questions