According to the American Marketing Association, in December 2015 20% of Facebook users were between 25 and

Question:

According to the American Marketing Association, in December 2015 20% of Facebook users were between 25 and 34 years old. If a random sample of nine adults was selected.

a. What is the probability that exactly two adults from this sample were between 25 and 34 years old?

b. What is the probability that fewer than four adults from this sample were between 25 and 34 years old?

c. What is the probability that five or more adults from this sample were between 25 and 34 years old?

d. What are the mean and standard deviation for this distribution?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Business Statistics

ISBN: 9780134685267

3rd Edition

Authors: Robert A. Donnelly

See More Books

Question Posted: Nov 05, 2019 04:17 AM

See More Questions

According to recent data by the American Marketing Association, 78.6% of people in the 1824 age group used Snapchat in 2017. You want to find out what the Snapchat penetration is among your...
A 2015 survey by the American Marketing Association showed that 47% of Snapchat users are between 18 and 24 years old. Suppose a follow-up survey were recently conducted to investigate if the...
According to the American Medical Association, about 36% of all U.S. physicians under the age of 35 are women. Your company has just hired eight physicians under the age of 35 and none is a woman. If...
Is the PS assessment a valid predictor of performance as a store manager? Would you recommend the PS be used in the future to select sales people for promotion to store manager?
Three mutually exclusive alternatives are being evaluated, and their costs and revenues are listed in Table P6-1. (6.4) a. If the MARR is 20% per year and the analysis period is 10 years, use the PW...
In relation to the rental income, what rate of interest does the offer made in Question 45.7 represent? Data from Question 45.7 Should you accept an offer of 50,000 for your rights over the next 12...
Briefly explain how the following programs would affect the elasticity of demand for labor in the steel industry: a. An increased tariff on steel imports. b. A law making it illegal to lay off...
On June 1 of the current year, Chad Wilson established a business to manage rental property. He completed the following transactions during June: a. Opened a business bank account with a deposit of...
A house with a total living area of 2,500 square feet would cost $110 per square foot to reproduce new. It has an expected economic life of 50 years and is estimated to have an effective age of five...
Who do you think is correct, Mark (the unload capacity should be twice as high) or Doug (the two lifts have the same capacity)? Can you give a response to Jessicais there any other difference between...
According to the University Business Officers, in 20142015, 89% of first-time, full-time freshmen at private colleges were the recipients of some form of financial aid. If a random sample of six...
According to the Graduate Management Admission Council, applications to two-year MBA programs have been on the decline during the past few years. A survey during 2016 reported that 43% of U.S....
Add the given vectors by components. A = 30.7, A = 18.2 B = 45.2, B = 251.0
Discuss the goal of a supply chain and explain the impact of supply chain decisions on the success of a firm.
Understand the potential negative consequences of revenue management in practice.
Which factor favors promotion during low-demand periods? High margin High ability to steal market share Low margin High ability to increase overall market
Effective differential pricing over time will generally decrease the level of product availability for the consumer willing to pay full price and also decrease total profits for the retailer....
Average inventory increases if a promotion is run during the peak period. increases if a promotion is run during the off-peak period. decreases if a promotion is run during the peak period. decreases...
In Exercise 5, if the custodian decided to raise the level of petty cash to $30.75, what would be the journal entry to replenish? (Use a general journal entry.) In Exercise 5 Petty cash was...
The cost curve for the city water supply is C(Q) = 16 + 1/4 Q2, where Q is the amount of water supplied and C(Q) is the cost of providing Q acre-feet of water. (An acre-foot is the amount of water...
Consider a binomial probability distribution with p = 0.65 and n = 15. Determine the mean and standard deviation of this distribution.
If a student estimated that the probability of correctly answering each question in a multiple choice question is 80%, use the binomial tables to determine the probability of earning at least a 70%...
A recent survey taken by Adecco of 1,047 employees found that 28% of them would lay off their bosses if they could. Answer the following questions based on a random sample of 10 employees: a. What is...
Examine the pseudocode listed below. What will be displayed after this code runs? (Note: this code is free of syntax and run-time errors and will run once translated into a language.) counter = 25...
MARKETING GOALS & OBJECTIVES In detail explain, what are the Year 1 and Year 3 marketing goals and SMART objectives that support the Business Goals & SMART objectives? Consider what you are trying to...
For the next two weeks you will be acting as external communication consultants for Starbucks. In your group you will discuss effective team-building strategies using the textbook as a guide and...

According to the American Marketing Association, in December 2015 20% of Facebook users were between 25 and

Question:

Step by Step Answer:

a b Px 4 01342 03020 03020 017...View the full answer

Business Statistics

Students also viewed these Mathematics questions