FREE Trial

Use the Consumer Food database. What proportion of the database households are in the Metro area? Use this as the

Question:

Use the Consumer Food database. What proportion of the database households are in the Metro area? Use this as the value of p in a binomial distribution. If you were to randomly select 12 of these households, what is the probability that fewer than 3 would be households in the Metro area? If you were to randomly select 25 of these households, what is the probability that exactly 8 would be in the Metro area?

This problem has been solved!


Do you need an answer to a question different from the above? Ask your question!

Step by Step Answer:

Answer rating: 91% (12 reviews)

Considering the Consumer Food database Using Location column of the database it is determined that 1…View the full answer


answer-question
Answered By
tutor-profile-image
MANDEEP SINGH
hey, I have done my postgraduate in Botany from university of Delhi. I have qualified CSIR NET JRFRank with 14 ....
0.00 0 Reviews 10+ Question Solved
Related Book For  answer-question
Business Statistics For Contemporary Decision Making

Business Statistics For Contemporary Decision Making

ISBN: 978-1119320890

9th edition

Authors: Ken Black

See More Books
Question Details
Chapter # 5- Discrete Distributions
Section: Analyzing the Databases
Problem: 1
View Solution
Create a free account to access the answer
Cannot find your solution?
Post a FREE question now and get an answer within minutes. * Average response time.
Question Posted: November 13, 2018 06:37:50
See More Questions

Students also viewed these Mathematics questions

Q:
Frito Company was founded in 1932 in San Antonio, Texas, by Elmer Doolin. H.W. Lay & Company was founded in Atlanta, Georgia, by Herman W. Lay in 1938. In 1961, the two companies merged to form...
A:
1 a H 0 p 63 H a p 63 Let a 05 For a two tailed test a 2 025 z 025 1 96 critical value n 850 x 575 6......
Q:
Frito Company was founded in 1932 in San Antonio, Texas, by Elmer Doolin. H.W. Lay & Company was founded in Atlanta, Georgia, by Herman W. Lay in 1938.In 1961, the two companies merged to form...
A:
1 a H 0 p 94 H a p 94 Let 05 z 05 1 645 critical value Since the observed z 6 69 z......
Q:
The Consumer Food database contains a variable, Annual Food Spending, which represents the amount spent per household on food for a year. Calculate the mean and standard deviation for this variable...
A:
The mean Annual Food Spending from the Consumer Food database is 8 966 07 and the standard deviation......
Q:
In Exercises find the derivative of the function by the limit process. f(x) = x - 4x + 5
A:
f x x2 4x 5 f x lim r 0 l......
Q:
A person on horseback moves according to the velocity-versus time graph shown in FIGURE 2-36. Find the displacement of the person for each of the following segments of the motion: (a) A, (b) B, (c)...
A:
We could determine the acceleration from the slope......
Q:
1. Does repatriation represent a good financial strategy for firms with international employees? 2. Besides cost savings, does i2 have anything to gain by repatriating its Indian employees? In an...
A:
1 If the employees are anxious to return home the situation is a win win pr......
Q:
Suppose you have an endothermic reaction with K eq approximately equal to 1 10 3 . How could you adjust the temperature of this reaction to drive it to completion? Explain your answer.
A:
To drive an endothermic reaction with a Keq value of approximately 1 10 3 to completion you would ne......
Q:
Comprehensive review problem. Exhibits 16.8 and 16.9 (on pages 796 and 797) present a partial set of financial statements of Chicago Corporation for 2009, including a consolidated statement of income...
A:
Chicago Corporation comprehensive review problem a Balance December 31 2008 100 000 Provision for 2009 120 000 Less Balance December 31 2009 160 000 Write offs during 2009 60 000 b LIFO FIFO Beginning......
Q:
A company's 1993 earnings per share (EPS) were reported as $2.40, while the dividends per share were $1.06. Over the preceding five years, the earnings experienced a 7.5% annual growth rate, with a...
A:
Answer Solution I Earnings per share are the ratio computed by dividing the profit after tax of an......
Q:
Vincent Cuomo is the credit manager for the Fine Fabrics Mill. He is currently faced with the question of whether to extend $100,000 of credit to a potential new customer, a dress manufacturer....
A:
a b Extending credit maximizes the expected payoff 8 000 c With perfect information you would exte......
Q:
Verify the Cayley-Hamilton Theorem for A = The Cayley-Hamilton Theorem can be used to calculate powers and inverses of matrices. For example, if A is a 2 Ã 2 matrix with characteristic...
A:
The characteristic po......
Q:
1. Whole Foods Market has shown steady growth at a time when traditional supermarkets have been flat. This could be attributed to a growing awareness of and demand for more natural foods. According...
A:
1 Thirty percent of consumers have a high level of concern about the safety of the food they eat If we want to test this figure we can use the binomial formula and define the probability of a success......
Q:
The objectives of work simplification are to A. Design equipment that is efficient and effective B. Make work easier, less costly, and avoid waste C. Provide charts to analyze work to be done D....
A:
B Make wo......
Q:
2. Discuss the following diagram and explain whether its design is good or bad. If bad, can you suggest a better design with explanation? Register makePayment create() P: Payment addPayment(p) Sale
A:
The design of the system in the diagram is bad It violates the Single Responsibility Principle SRP and the Inversion of Control IoC principle SRP The......
Q:
Acme Manufacturing reports the following capital structure with amounts reported in $ millions: long-term debt of $340; present value of leases of $490; convertible debt of $190; and common equity of...
A:
To calculate the Weighted Average Cost of Capital WACC we need to determine the weights of each comp......
Q:
Pinder just announced that it will acquire Value for $12 per share. Values shares traded at $8 prior to the announcement and $11 after the announcement. Pinders shares traded at $53 prior to the...
A:
Pinder just announced that it will acquire Value for 12 per share Values shares traded at 8 prior to......
Q:
What are the differences between commercial banking, investment banking and hedge funds? Describe their main functions and briefly explain the way their balance sheets differ from each other. Lastly...
A:
Commercial Banking Investment Banking and Hedge Funds are distinct entities within the financial industry each serving different functions and subject to specific regulatory frameworks Commercial Bank......
Q:
The International Organisation of Supreme Audit Institutions (INTOSAI) deals with the auditor`s responsibility to design and perform audit procedures in pursuit of gathering audit evidence in an...
A:
In the context of an audit of financial statements management makes assertions about various aspects of the financial information presented These asse......
Q:
Verify that in Example 15.2 Y1,t - Y2,t is stationary. Example 15.2 Model (15.2)-(15.3) was simulated with 1 = 0.5, 2 = 0.55, and = 1. A total of 5000 observations was simulated, but, for visual...
A:
In Example 15 2 we were told to take 1 0 5 2 0 55......
Q:
Explain what is meant by vicarious liability and when it is available?
A:
An employer can be held responsible for the acts of......
Q:
Shown here is a list of the industries with the largest total release of toxic chemicals in a recent year according to the U.S. Environmental Protection Agency. Construct a pie chart and a bar chart...
A:
Industry Total Release Proportion Degrees Chemicals 737 100 000 366 132 Primary metals 566......
Q:
A manufacturing company produces plastic bottles for the dairy industry. Some of the bottles are rejected because of poor quality. Causes of poor-quality bottles include faulty plastic, incorrect...
A:
Count 500 400 300 200 100 0 C1 Count Percent Cu......
Q:
A research organization selected 50 U.S. towns with Census 2000 populations between 4,000 and 6,000 as a sample to represent small towns for survey purposes. The populations of these towns follow....
A:
STEM LEAF 42 12 16 24 32 99 99 43 04 28 39......
NCLEX-RN 2020-2021 New Outline Study Guide With 400 Test Questions And Detailed Answer Explanations 2021 Edition - ISBN: 198972633X - Free Book