A particular department store knows from past experience

Assignment Help Applied Statistics

Reference no: EM13817408

A particular department store knows from past experience that 17% of their customers have the store's credit card. What is the probability that out of the next 120 customers that at least 15% have the store's credit card? (please express your answer using 4 decimal places)

Reference no: EM13817408

Questions Cloud

Describe how technology is changing the face of businesses : Describe how technology is changing the face of businesses today. Describe the most critical business processes that utilize information systems in your selected company.

Explain what can happen at a subduction zone : Explain what can happen at a subduction zone

A particular department store knows from past experience : A particular department store knows from past experience that 17% of their customers have the store's credit card. What is the probability that out of the next 120 customers that at least 15% have the store's credit card? (please express your answer ..

Ratios to analyze the financial health of the firm : As a business press reporter, you have calculated some ratios to analyze the financial health of the firm. Bluestone's current ratios and quick ratios for the past 6 years are shown in the table below:

Suppose the returns of a particular group of mutual funds : Suppose the returns of a particular group of mutual funds are normally distributed with a mean of 12.4 and a standard deviation of 4.7%. I f the manager of a particular fund wants his fund to be in the top 5% of funds with the highest return, what re..

Does drama and real life institute different form of reality : Does drama and real life institute two different forms of reality? Does this film depict the chaos on randomness in the world, where people do not feel like they may have complete control of their lives or decisions?

Real-life outsourcing decision that has been made : Identify a real-life outsourcing decision that has been made. Identify the specific reasons for the outsourcing. If information is available, discuss the results of the outsourcing decision (jobs lost, cost savings, etc.).

Define major motivation and job satisfaction theories : Define each of the following major motivation and job satisfaction theories: need theories, individual differences, cognitive theories, situational theories, and job satisfaction.Describe a specific situation in the workplace related to motivation an..

User Account

All Pages