According to the Experian Automotive, 35% of all car-owning households have three or more cars. Suppose there

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

Question:

According to the Experian Automotive, 35% of all car-owning households have three or more cars. Suppose there is a random sample of 20 car owning households.

a.) What is the probability that exactly 5 households have three or more cars?

b.) What is the probability that less than 4 have three or more cars?

c.) What is the probability that at least 4 have three or more cars?

Posted Date: May 17, 2024 05:07 AM

See More Questions

11. What is the Specific Gravity of Zinc ? 12. The barometric pressure for the day is 14.7 psi. The hangar shop air tank gage reads 120 psi. What is the absolute pressure inside the shop air tank? =...
Calculate the mean, the variance, and the standard deviation of the following discrete probabilitydistribution. 179 0.50 0.250.150.10 23
5The Assembly division of Rach Ltd has a net profit of $672885 and a residual income of $280781. If a rate of 12.10 per cent is used as the imputed interest, calculate the division's return on...
The Petaluma Daily Times Corporation (CDT) publishes a daily newspaper. A 52 -week subscription sells for $\$ 260$. Assume that CDT sells 100 subscriptions on January 1. None of the subscriptions...
For this written assignment, a flower shop uses 800 clay pots a month. The pots are purchased at $2 each. Annual carrying costs are estimated at $0.60 per pot per year and ordering costs are $20 per...
The scores on a 100-point language appitute test given to 30 people who are applying for the Peace Corps are listed below. 83, 71, 92, 87, 56, 64, 41, 95, 88, 91, 78, 73, 81, 79, 59, 83, 81, 93, 84,...
Determine the magnitudes of the horizontal and vertical components of reaction at C for the truss. Enter your answers numerically separated by a comma. 10 11 Cz. Cy- Submit Request Answer gure Part C...
Suppose you, as a college student, could choose between completing either a math assignment or a microeconomics assignment. Assume that you could complete the math assignment in 30 minutes, but...
1. How can you use current and emerging sector developments and/or research to improve practice? Describe an example that demonstrates this, 2. Suggest two occasions when specialist advice or the...
Calculate the amount of cash collections you will collect in November if you estimate you will collect 60% of your sales in the month of the sale, 25% the following month, 10% two months later and...
Describe the five characteristics of life, and list severalnonliving things that possess at least two of thesecharacteristics. Explain how an atom relates to the biosphere by describing thelevels of...
Which z/OS component is used for managing workload distribution, workload balance and distributing resources to competing workloads? I need some help with this assignment. Students will explore...
Manufacturing cost data for Sunland Company, which uses a job-order cost system, are presented below. Indicate the missing amount for each letter. Assume that in all cases manufacturing overhead is...
Explain the buyers position in a typical negotiation for a business. Explain the sellers position. What tips would you offer a buyer about to begin negotiating the purchase of a business?
The price at the intersection of the market demand curve and the market supply curve is called the _________ price, and the quantity is called the _________ quantity.
A situation where quantity supplied is greater than quantity demanded is called a(n) _________.
The supply of a good _________ if the price of one of its substitutes in production rises.

According to the Experian Automotive, 35% of all car-owning households have three or more cars. Suppose there

Question:

Expert Answer:

Students also viewed these mathematics questions