Survey of youth sports parents. Youth sports is a big business. According to a recent (2019) Harris
Question:
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
Step by Step Answer:
Statistics For Business And Economics
ISBN: 9781292413396
14th Global Edition
Authors: James McClave, P. Benson, Terry Sincich