Use the Poisson table to approximate the following binomial probabilities: a. P(x = 7), where n =
Question:
a. P(x = 7), where n = 100, p = .04
b. P(x = 4), where n = 80, p = .025
c. P(3 < x < 6), where n = 120, p = .01
d. P(x > 2), where n = 75, p = .02
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 43% (16 reviews)
a n 100 p 04 so 10004 4 P x 7 0595 b n 80 p 025 so 800...View the full answer
Answered By
Sarfraz gull
have strong entrepreneurial and analytical skills which ensure quality tutoring and mentoring in your international business and management disciplines. Over last 3 years, I have expertise in the areas of Financial Planning, Business Management, Accounting, Finance, Corporate Finance, International Business, Human Resource Management, Entrepreneurship, Marketing, E-commerce, Social Media Marketing, and Supply Chain Management.
Over the years, I have been working as a business tutor and mentor for more than 3 years. Apart from tutoring online I have rich experience of working in multinational. I have worked on business management to project management.
5.00+
3+ Reviews
10+ Question Solved
Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
Question Posted:
Students also viewed these Statistics questions
-
Use the Poisson table to confrm your answers in Exercise 80. a. P(x = 2), where = 3 b. P(x = 4), where = 1 c. P(x = 3), where = 6
-
Use the Poisson table to find the following probabilities: a. For = 2, P(x = 4) b. For = 6, P(x = 14) c. For = 3.5, P(x < 1) d. For = 2, P(3 < x < 5)
-
Use the Poisson table to find the following probabilities: a. For = 7, P(x = 10) b. For = 1, P(x = 2) c. For = 1.3, P(x = 0) d. For = 4.6, P(1 < x < 3)
-
Select the best response. What trend can be related to a major employer closing a business? Property values falling and people moving from a community. A rise in slips, trips and falls. New...
-
The article Why We Fall for This (AARP Magazine, May/ June 2011) describes an experiment investigating the effect of money on emotions. In this experiment, students at University of Minnesota were...
-
Find and explain Past and current restrictions on car license plates in Pakistan?
-
How can you ensure that a pattern provides the correct solution for your problem?
-
Three methods of interperiod income tax allocation have been advocated. These include (1) the asset/liability method, (2) the deferred method, and (3) the net-of-tax method. Required Define...
-
On August 1 , 2 0 2 2 , Colombo Company s treasurer signed a note promising to pay $ 1 2 2 , 1 0 0 on December 3 1 , 2 0 2 2 . The proceeds of the note were $ 1 1 5 , 8 0 0 . Required: a . Calculate...
-
Angela Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records. Instructions (a) Prepare a bank reconciliation going from...
-
Typographical errors in the Daily Times Mirror occur at an average rate of .4 per page. (The errors are random and independent.) Use the Poisson distribution to determine the probability of fnding no...
-
For the probability distribution you produced in Exercise 2, a. Show the appropriate graph. b. Compute the expected value, the variance and the standard deviation of the random variable.
-
Reconsider the assembly repeatability experiment described in Exercise 10-56. Find a 98% confidence interval on the ratio of the two variances. Provide an interpretation of the interval.
-
Describe a project whose life cycle would be a straight line from start to finish. Describe a project with an inverse-S life cycle. How does the recognition that projects are only the middle portion...
-
In what way might a policy to pay no dividends affect a hotel corporations market price of shares? If the policy were to pay out all net income in dividends, how might this affect the company's...
-
1. Briefly describe how a composite growth rate of demand for hotel rooms can be calculated. 2. In estimating total sales revenue for a coffee shop in a proposed new hotel, why is it important to...
-
What strategies and initiatives can be implemented to ensure effective human resource planning that aligns with the organization's goals and future workforce needs?
-
Up and Down Burgers sells its burgers for $1.50 per burger. In a slow year, Up and Down will sell 2 million hamburgers with a total cost of $3.5 million. In a good year, it will sell 4 million...
-
Which of the following is a physical control? A. Logon identifiers B. CCTV C. Encryption D. BCP
-
The water in tank A is at 270 F with quality of 10% and mass 1 lbm. It is connected to a piston/cylinder holding constant pressure of 40 psia initially with 1 lbm water at 700 F. The valve is opened,...
-
Ha: μ1 The null hypothesis is H0: μ1 = μ2 and the alternative hypothesis is as specified. We have provided data from a simple random paired sample from the...
-
Ha: μ1 > μ2 The null hypothesis is H0: μ1 = μ2 and the alternative hypothesis is as specified. We have provided data from a simple random...
-
Ha: μ1 μ2 The null hypothesis is H0: μ1 = μ2 and the alternative hypothesis is as specified. We have provided data from a simple random paired...
-
Lawson Consulting had the following accounts and amounts on December 31. Cash Accounts receivable Equipment Accounts payable Common stock $ 12,000 5,900 Dividends Services revenue. 7,900 Rent expense...
-
The December 31, 2023, adjusted trial balance of Maritime Manufacturing showed the following information: Single Machinery Accumulated depreciation, machinery1 Office furniture $660,000 312,300...
-
Peterson Company Beginning of 2020 End of 2020 Direct materials inventory 21,000 23,000 Work-in-process inventory 26,000 25,000 Finished-goods inventory 13,000 20,000 Purchases of direct materials...
Study smarter with the SolutionInn App