Survey of youth sports parents. Youth sports is a big business. According to a recent (2019) Harris

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Survey of youth sports’ parents. Youth sports is a big business. According to a recent (2019) Harris Poll of 1,000 parents with children who participate in youth sports, over half spend between $100 and $500 per month on youth sports programs and equipment. The poll also found that 34% of sports parents have professional sports and/or Olympic dreams for their child. In actuality, only 5% of sports parents’ children participate in the Olympics or “go pro”. Consider a random sample of 25 parents with children who play youth sports.

a. What is the probability that fewer than 20 of these parents have professional sports and/or Olympic dreams for their child?

b. What is the probability that between 10 and 20 of these parents have professional sports and/or Olympic dreams for their child?

c. What is the probability that fewer than 20 of these parents have children that reach the Olympics or “go pro?” Applying the Concepts—Intermediate

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Statistics For Business And Economics

ISBN: 9781292413396

14th Global Edition

Authors: James McClave, P. Benson, Terry Sincich

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