You plan to randomly select 10 recent sales reports filed by your field representatives to check for
Question:
You plan to randomly select 10 recent sales reports filed by your field representatives to check for accuracy. Historically, 70% of the reports are error free. With .7 as your value for p, use the binomial table to determine the probability that among the 10 reports you select you’ll find
a. Exactly two reports that are error free.
b. At least eight reports that are error free.
c. Between four and seven reports (inclusive) that is error free.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (15 reviews)
n 10 p 7 a P x 2 0014 ...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ 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 standard normal table to determine that probability that a. z is between 0 and 1.2; that is, find P(0 z 1.2). b. z is greater than or equal to 1.85; that is, find P(z 1.85). c. z is...
-
Use the standard normal table to determine that probability that a. z is between 0 and 1; that is, find P(0 z 1). b. z is greater than or equal to 1.5; that is, find P(z 1.5). c. z is between 2...
-
Use the standard normal table to determine that probability that a. z is between 0 and 1.48; that is, find P(0 z 1.48). b. z is greater than or equal to 2.67; that is, find P( z 2.67). c. z is...
-
Midwest Inc. is a medium-size company that has been in business for 20 years. The industry has become very competitive in the last few years, and Midwest has decided that it must grow if it is going...
-
Montrose Manufacturing is considering two potential investments. Each project will cost $ 115,000 and have an expected life of five years. The CFO has estimated the probability distributions for each...
-
A + 2.0-C charge is initially 0.20 m from a fixed charge and is then moved to a position 0.50 m from the fixed charge. (a) How much work is required to move the charge? (b) Does the work depend on...
-
Sophie, the editor of the student newspaper, is going to conduct a survey of students to determine the level of support for the current president of the students' association. She needs to determine...
-
A company is considering replacing an old piece of machinery, which cost $600,000 and has $350,000 of accumulated depreciation to date, with a new machine that costs $450,000. The old equipment could...
-
A physical inventory of Liverpool Company taken at December 31 reveals the following. Per Unit Item Units Cost Market Car audio equipment Speakers 339 $ 94 $ 102 Stereos 254 115 104 Amplifiers 320 90...
-
Two people are trying to determine if they are compatible as friends and there is one criteria that is very important to both of them and they must agree on this issue. Conveniently they are able to...
-
Marine researchers in the UK recently conducted a study of oil spills from oil tankers that run aground. Using historical data, the study reported that if a tanker goes aground, there is a 30% chance...
-
In a recent Pew Research survey, 40% of American adults who have taken a college course online said that online courses provide an education value equal to courses taken in a classroom. If the 40%...
-
Complete the following: Examine the concept of the exchange rate between the Japanese yen and the U.S. dollar. Choose a Japanese company, such as Toyota, Canon, or Mitsubishi, and identify a strategy...
-
Why do markets fail? Discuss the importance of equity in economic and judicial decisions.
-
All problems of LP seek to maximize or minimize some quantity, usually profit or cost. a. True b. False
-
A company is considering opening one new production facility, and three locations are being considered. For this facility location problem, how many transportation models must be developed and...
-
Which of the following would cause a change in the feasible region? a. Increasing an objective function coefficient in a maximization problem b. Adding a redundant constraint c. Changing the...
-
Linear programming problems are solved the fastest by the isoprofit line method. How does it work? a. It determines constraints. b. It defines variable. c. It finds an optimal solution. d. None of...
-
In Exercises 25 through 28, evaluate the given sum. 3 (2k + 3) k=1
-
Evaluate the line integral, where C is the given curve. C x 2 dx + y 2 dy, C consists of the arc of the circle x 2 + y 2 = 4 from (2, 0) to (0, 2) followed by the line segment from (0, 2) to (4, 3)
-
The data for a random sample of 10 paired observations are shown in the following table and saved in the a. If you wish to test whether these data are sufficient to indicate that the mean for...
-
Camp Jump Start is an 8-week summer camp for overweight and obese adolescents. Counselors develop a weight-management program for each camper that centers on nutrition education and physical...
-
The Journal of Deaf Studies and Deaf Education (Fall 2006) published an article on vocalized laughter among deaf users of American Sign Language (ASL). In videotaped ASL conversations among deaf...
-
What are the four critical areas in which employees should have pride, enjoyment, trust, and benefit to enable high morale?
-
Your problem statement assignment will include the following: A brief, yet clear and explicit description of the organization. A description of the problem being observed or experienced in the...
-
What is the main responsibility of prompt engineers?
Study smarter with the SolutionInn App