answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ksenya-84 [330]
1 year ago
15

The participants in a television quiz show are picked from a large pool of applicants with approximately equal numbers of men an

d women. Among the last 11 participants there have been only 2 women. if participants are picked randomly, what is theprobability that out of 11 people we get:
a) 2 or fewer women


b) At least 2 woman


C) nomore than one woman
Business
1 answer:
IgorLugansk [536]1 year ago
6 0

Answer:

a) P(X \leq 2)= P(X=0)+P(X=1)+P(X=2)

P(X=0)=(11C0)(0.5)^0 (1-0.5)^{11-0}=0.00049

P(X=1)=(11C0)(0.5)^1 (1-0.5)^{11-1}=0.0054

P(X=2)=(11C0)(0.5)^2 (1-0.5)^{11-2}=0.027

And adding we got:

P(X \leq 2)= 0.033

b) P(X \geq 2)= 1-P(X

And replacing we got:

P(X \geq 2)= =1-[0.00049 +0.0054] = 0.994

c) P(X \leq 1)= 1-P(X

And replacing we got:

P(X \leq 1)=0.00049 +0.0054= 0.0059

Explanation:

Previous concepts

The binomial distribution is a "DISCRETE probability distribution that summarizes the probability that a value will take one of two independent values under a given set of parameters. The assumptions for the binomial distribution are that there is only one outcome for each trial, each trial has the same probability of success, and each trial is mutually exclusive, or independent of each other".

Solution to the problem

Let X the random variable of interest "number of women", on this case we now that:

X \sim Binom(n=11, p=0.5)

The probability mass function for the Binomial distribution is given as:

P(X)=(nCx)(p)^x (1-p)^{n-x}

Where (nCx) means combinatory and it's given by this formula:

nCx=\frac{n!}{(n-x)! x!}

Part a

For this case we want to find this probability:

P(X \leq 2)= P(X=0)+P(X=1)+P(X=2)

P(X=0)=(11C0)(0.5)^0 (1-0.5)^{11-0}=0.00049

P(X=1)=(11C0)(0.5)^1 (1-0.5)^{11-1}=0.0054

P(X=2)=(11C0)(0.5)^2 (1-0.5)^{11-2}=0.027

And adding we got:

P(X \leq 2)= 0.033

Part b

For this case we want this probability:

P(X \geq 2)

And we can use the complement rule and we got:

P(X \geq 2)= 1-P(X

And replacing we got:

P(X \geq 2)= =1-[0.00049 +0.0054] = 0.994

Part c

For this case we want this probability:

P(X \leq 1)

And we can use the complement rule and we got:

P(X \leq 1)= 1-P(X

And replacing we got:

P(X \leq 1)=0.00049 +0.0054= 0.0059

You might be interested in
Annual demand for a product is 40,000 units. The product is used at a constant rate over the 365 days the company is open every
pochemuha

Answer:

Order cycle time = 28.85 days

Explanation:

<em>The Economic Order Quantity (EOQ</em>) is the order size that minimizes the balance of ordering cost and holding cost. At the EOQ, the carrying cost is equal to the holding cost.

It is computed using he formula below

EOQ = √ (2× Co× D)/Ch

Co- ordering cost, Ch- Holding cost per unit per annum

D- Annual demand,

EOQ - Economic order qunatity

Co-125. Ch- 2.50, D- 40,000

EOQ= √ (2× 125× 40,000)/2.5

EOQ = 3,162.27

The cycle time = order quantity/annual demand× 365 days

= 28.85 days

3 0
1 year ago
Wessner Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.20 Direct labor $
monitta

Answer:

d. $13.00

Explanation:

contributon margin = selling price - variable cost

sales price: $25 per unit

<u>list of variable cost:</u>

Direct mateirals              6.20

Direct labor                     2.80

variable overhead           1.45

sales commisions            1.00

adminsitrative variable<u>   0.55  </u>

total variable cost         12.00

$25 selling price per unit - $12 variable cost per unit =

$13 contribution margin per unit

This is the amount each units "contributes" to ay the fixed cost and make a gain during the period.

6 0
1 year ago
Consider the population consisting of all computers of a certain brand and model, and focus on whether a computer needs service
Dvinal [7]

Answer:

Based on selecting a sample of 300 computers The probability questions are follows

1. . What is the probability that no computer needs service within the warranty period?

2 . What is the probability that more than half of the computers that are sampled will need warranty period?

3. What is the expected number of computers fail before the warranty period?

7 0
1 year ago
Project A has a predicted payback period of 2.5 and Project B has a predicted payback period of 5. Based on this information we
anastassius [24]

Answer:

A. more information should be gathered before deciding on which project, if either, is desirable.

Explanation:

The lower Payback Period is not sufficient information to decide which project is more profitable. The payback period indicates when in the life of a project the initial investment principal cash flow is achieved.

But to decide about a certain project it is better to know the interest yield, it is also important to get the life of the project and other information.

For example:

a.- 250 investment 100 per year  payback in 2.5-year life 3 years

b.- 500 investment 100 per year payback in 5-year life 20 years

While A payback occurs before project B is better

6 0
2 years ago
Marcie and her husband, Franklin, each own 50 shares of Chestnut, Inc. Sally, Marcie's old high school friend, owns the remainin
RSB [31]

Answer:

$38,000 Dividend

Explanation:

Based on the information given the tax treatment of the redemption to Marcie will be $38,000 dividend reason been that her husband shares was been attributed to her, and Since she owns 60 shares her remaining 10 shares including that of her husband 50 shares of Chestnut's will be 110 shares calculated as 150 shares - 40 shares outstanding.

Therefore when we look at this 60 shares/110 shares is greater than 50% which means that Marcie fails the 50% test which makes the redemption to be treated as a dividend.

Hence, the tax treatment of the basis of the shares redeemed will be $38,000 Dividend.

8 0
2 years ago
Other questions:
  • Consider a market with two​ firms, target and​ wal-mart, that sell cds in their music department. both stores must choose whethe
    14·1 answer
  • Industrialization gave workers shorter working hours and time off on weekends, which allowed formore jobs per person.lower salar
    15·2 answers
  • Which of the following people are structurally unemployed? Select all answer options that apply. Choose one or more: A. A worker
    15·1 answer
  • Last year Universal Transportation retained $225,000 of the $750,000 net income it generated. This year Universal generated net
    15·1 answer
  • The adjusted trial balance for Chiara Company as of December 31 follows. Debit Credit Cash $ 77,800 Accounts receivable 55,000 I
    14·1 answer
  • Today, you borrowed $3,200 on a credit card that charges an interest rate of 12.9 percent, compounded monthly. How long will it
    11·1 answer
  • Aliyah made a payment in the amount of $47.93. She’ll use the check register to record her transaction. What will be her new bal
    9·1 answer
  • Xerox, the U.S. Postal​ Service, and​ McDonald's have enjoyed significant market power in the past. List and explain three major
    5·1 answer
  • After reading the article, select the statements that are correct. Choose one or more: A. The cost-of-living adjustment for 2020
    7·1 answer
  • Helix reported the following information in its financial statements. Write-offs of accounts receivable were $200 in the current
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!