According to Fortune, Missouri is within 500 miles of 44% of all U.S. manufacturing plants.8 If a
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According to Fortune, Missouri is within 500 miles of 44% of all U.S. manufacturing plants.8 If a Missouri company needs parts manufactured in 122 different plants, what is the probability that at least half of them can be found within 500 miles of the state?
Use a normal distribution to compute the required probabilities also state the assumptions necessary for a binomial distribution, and indicate whether the assumptions are reasonable.
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For 
Complete Business Statistics
ISBN: 9780077239695
7th Edition
Authors: Amir Aczel, Jayavel Sounderpandian
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