A hair stylist has been in business one year. Sixty percent of his customers are walk-in business.
Question:
A hair stylist has been in business one year. Sixty percent of his customers are walk-in business. If he randomly samples eight of the people from last week's list of customers, what is the probability that three or fewer were walk-ins? If this outcome actually occurred, what would be some of the explanations for it?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (14 reviews)
P x 3 n 8 and p 60 From Table A2 x Prob 0 001 1 008 2 041 3 124 174 174 of th...View the full answer
Answered By
Ashok Kumar Malhotra
Chartered Accountant - Accounting and Management Accounting for 15 years.
QuickBooks Online - Certified ProAdvisor (Advance - QuickBooks Online for 3 years.
5.00+
3+ Reviews
10+ Question Solved
Related Book For
Applied Statistics And Probability For Engineers
ISBN: 192504
7th Edition
Authors: Montgomery, Douglas C., Runger, George C.
Question Posted:
Students also viewed these Statistics questions
-
a. What is the probability that three or fewer of the winners will be women? b. What is the probability that three of the winners will be of one gender and two of the winners will be of the other...
-
If you select two envelopes, what is the probability that you will receive a sample mean grand prize of at least 50 thousand dollars?
-
A nutritionally defective E. coli strain grows only on a medium containing thymine, whereas another nutritionally defective strain grows only on a medium containing leucine. When these two strains...
-
Let V be the first quadrant in the xy-plane; that is, let a. If u and v are in V, is u + v in V? Why? b. Find a specific vector n in V and a specific scalar c such that cu is not in V. (This is...
-
Find, to four decimal places, the area of the part of the surface z = (1 + x 2 )/(1 + y 2 ) that lies above the square |x| + |y| < 1. Illustrate by graphing this part of the surface.
-
Sometimes financial statements will show "unearned revenue." How does this arise? What type of transactions might be typical examples?
-
Predecting sales and variable costs using contribution margin Bloom company management predicts that it will incur fixed costs of $160,000 and earn protax income of $164,000 in the next period. Its...
-
Construct a solution for a Knap Sack of size 17 (or determine that no solution exists) using six items of sizes S = 1, S2 = 3, S3 = 5, S4 = 9, S5 = 14, S6 = 15 respectively. A table is given below to...
-
The Great Threads Company is capable of manufacturing shirts, shorts, pants, skirts, and jackets. Each type of clothing requires Great Threads to acquire the appropriate type of machinery. The...
-
According to a recent survey, the probability that a passenger files a complaint with the Department of Transportation about a particular U.S. airline is .000014. Suppose 100,000 passengers who flew...
-
A Department of Transportation survey showed that 60% of U.S. residents over 65 years of age oppose use of cell phones in flight even if there were no issues with the phones interfering with aircraft...
-
If Earths atmosphere warmed up and expanded to a larger total volume but its total mass did not change, would this affect the atmospheric pressure at sea level? Would this affect the pressure at the...
-
Write a paragraph on each question. What is leadership? What makes for a great leader? What leadership attributes contribute to strong teamwork or building strong teams? What role will your values...
-
In the new normal, companies may become more innovative by building an Agile foundation. This crisis has proven that adaptability is a key element for operational function and survival. write...
-
Sobeys Inc is a Canadian grocery retailer with approximately 1,500 stores across Canada under a variety of retail banners, including Sobeys, IGA, Foodland, Thrifty Foods and FreshCo. The company is...
-
All direct marketing messages contain an offer, typically consisting of a product description, terms of sale, and payment, delivery, and warranty information. In its offer, a successful direct...
-
Question 1) List 2 planned experience you do that will foster creativity in children you are required to allow children to be exposed to Aboriginal and/or Torres Strait Islander peoples' art forms...
-
The charge of an electron is -1.602 10 -19 C. How many electrons must be ejected from the metal each second to produce an electric current of 1.0 mA (1 A = 1 C/s)? How many photons must be absorbed...
-
From 1970 to 1990, Sri Lanka's population grew by approximately 2.2 million persons every five years. The population in 1970 was 12.2 million people.What is the best formula for P, Sri Lanka's...
-
Look at the Web site of Scuba Toys (www.scubatoys.com). As youll see, this firm makes a wide range of products for all types of water sports. Spend some time familiarizing yourself with Scuba Toys...
-
In Years 1 and 2 combined, 3,337,380 motor vehicles were sold in Canada. Year 2 accounted for 1,716,803 of these vehicles. Suppose that those manufactured overseas (outside North America) accounted...
-
The table below shows the gross domestic product at 2012 constant prices (in $ millions) of consumer durables and nondurables in Canada. Is there a linear relationship between the shipments of...
-
Assume that according to a survey, a majority of Canadian households have tried to cut long-distance phone bills. Of those who have tried to cut the bills, 32% have done so by switching long distance...
-
a) Give one reason why local Pakistan bus businesses could benefit from Pakistan's crisis. b) Give one reason why local bus businesses could be hurt by the Rupee crisis.
-
A P/E multiple could be high relative to the S&P 500 Index because its high growth rate justifies it. You notice a stock that has an assumed growth rate of 5.43% with a dividend payout ratio of 64.9%...
-
What would be the volume ( cm 3 ) of a piece of Styrofoam if it had a mass of 3 5 0 g , no matter its shape? Show calculation.
Study smarter with the SolutionInn App