# Question: Reconsider the previous problem and answer each part but assume

Reconsider the previous problem and answer each part, but assume that 1,000 people will vote. (The probability for each one remains unchanged.)

a. Identify n and π for this binomial random variable.

b. Find the mean and standard deviation of the number who will vote to strike.

c. Find the (approximate) probability that a strike will result (i.e., that a majority will vote to strike).

a. Identify n and π for this binomial random variable.

b. Find the mean and standard deviation of the number who will vote to strike.

c. Find the (approximate) probability that a strike will result (i.e., that a majority will vote to strike).

## Answer to relevant Questions

Assume that if you were to interview the entire population of Detroit, exactly 18.6% would say that they are ready to buy your product. You plan to interview a representative random sample of 250 people. Find the ...On a typical day, your clothing store takes care of 2.6 “special customers” on average. These customers are taken directly to a special room in the back, are assigned a full-time server, are given tea (or espresso) and ...You are planning to invest in a new high-tech company, and figure your rate of return over the coming year as in Table 7.6.4 (where 100% says that you doubled your money, –50% says you lost half, etc.). a. Find the mean ...a. What is the finite-population correction factor? b. What is the adjusted standard error? c. What is an idealized population? d. In what way are your results more limited if you use the finite-population correction factor ...a. What is the central limit theorem? b. Does the central limit theorem specify that individual cases follow a normal distribution? c. How do you interpret the idea that the average has a normal distribution? d. What is the ...Post your question