You choose 55 people at random from a group of 500. What is the probability that none
Question:
Use the pie chart, which shows how U.S. adults rate their financial shape.
Rate Your Financial Shape
Transcribed Image Text:
Excellent 7% Other 1% Poor 22% / Good 32% Fair 38%
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
32 500 032 500 160 of 500 rate f...View the full answer
Answered By
Muhammad Ghyas Asif
It is my obligation to present efficient services to my clients by providing a work of quality, unique, competent and relevant. I hope you have confidence in me and assign me the order and i promise to follow all the instructions and keep time.
4.60+
109+ Reviews
203+ Question Solved
Related Book For
Elementary Statistics Picturing The World
ISBN: 9780321911216
6th Edition
Authors: Ron Larson, Betsy Farber
Question Posted:
Students also viewed these Statistics questions
-
You choose 4 people at random from a group of 1200. What is the probability that all four would rate their financial shape as excellent? (Make the assumption that the 1200 people are represented by...
-
You choose 10 people at random from a group of 1200. What is the probability that all 10 would rate their financial shape as poor? (Make the assumption that the 1200 people are represented by the pie...
-
You choose 80 people at random from a group of 500. What is the probability that none of the 80 people would rate their financial shape as fair? (Make the assumption that the 500 people are...
-
A business wishes to have $80,000 ten years from now to make a down payment on a capital asset. How much money would the business need to invest in equal annual payments at a compound interest rate...
-
Southland Corporation (Southland) owns the 7 Eleven trademark and licenses franchisees throughout the country to operate 7 Eleven stores. The franchise agreement provides for fees to be paid to...
-
Logic Co. recently negotiated a lump-sum purchase of several assets from a company that was going out of business. The purchase was completed on March 1, 2020, at a total cash price of $1,540,000 and...
-
Variances can be classified into controllable and uncontrollable categories.
-
Ginocera Inc. is a designer, manufacturer, and distributor of low-cost, high-quality stainless steel kitchen knives. A new kitchen knife series called the Kitchen Ninja was released for production in...
-
Question 3.
-
Plot the data presented in Exercise 7 to examine the possible existence of trend and seasonality in the data. Prepare three separate exponential smoothing models to forecast the full-service...
-
The offices of president, vice president, secretary, and treasurer for an environmental club will be filled from a pool of 14 candidates. Six of the candidates are members of the debate team. (a)...
-
A company that has 200 employees chooses a committee of 15 to represent employee retirement issues. When the committee is formed, none of the 56 minority employees are selected. (a) Use technology to...
-
The complexity and uniqueness of the federal government makes it difficult to conduct a meaningful analysis of its financial condition. However, conducting a financial statement analysis does provide...
-
A retail product has the following standard costs established: Direct Material per unit - 2 pounds at $5 a pound Direct Labor per unit - 3 hours at $12 an hour Manufacturing Overhead - $5 per labor...
-
In a recent year, the Better Business Bureau settled 75% of complaints they received. (Source: USA Today, March 2, 2009) You have been hired by the Bureau to investigate complaints this year...
-
A 1200-ft equal tangent crest vertical curve is currently designed for 50 mph. A civil engineering student contends that 60 mph is safe in a van because of the higher driver's eye height. If all...
-
Required information [The following information applies to the questions displayed below.] Victory Company uses weighted-average process costing to account for its production costs. Conversion cost...
-
Finer, % 100 90 80 70 60 50 40 30 20 10 0 0.01 0.1 1 Size, mm L 10 100 Figure shows a grain size distribution curve of soil. Estimate the coefficient of curvature (Cc) of this soil.
-
Define the prisoners dilemma game. a. What assumptions lead to the dilemma? b. What creates the possibility of escaping it? c. What does the standard model say about your answer to b? What does...
-
Federated Shipping, a competing overnight delivery service, informs the customer in Problem 65 that they would ship the 5-pound package for $29.95 and the 20-pound package for $59.20. (A) If...
-
Provide an example of a continuous audit.
-
Find the probability of z occurring in the shaded region of the standard normal distribution. If convenient, use technology to find the probability. 1.68
-
Find the indicated probability using the standard normal distribution. If convenient, use technology to find the probability. P(z < 1.16)
-
Find the indicated probability using the standard normal distribution. If convenient, use technology to find the probability. P(z < -0.18)
-
X Your answer is incorrect. Flounder Consulting Corp. company records revealed the following for the current year: What was the net cash flow from operating activities for the year? $ 0 $ 9 8 0 0...
-
Assume that interest rate parity holds. The U.S. fiveyear interest rate is 0.08 annualized, and the Mexican fiveyear interest rate is 0.05 annualized. Todays spot rate of the Mexican peso is $0.21....
-
find the NSP of a whole life insurance.6 with $100,000 Death benefits, for a female aged 105 years, if i=10%? (use Australian life Tables 2005-07) find the NSP of a whole life insurance.6 with...
Study smarter with the SolutionInn App