Access to the internet at their homes

Assignment Help Business Economics
Reference no: EM132084222

In a school, 60% of pupils have access to the internet at home. A group of 8 students is chosen at random. Can I please receive help on determining the probability that of the 8 chosen exactly 5 have access to the internet at their homes?

Reference no: EM132084222

Questions Cloud

Determine if the solution is adequate or inadequate : Analyze ING's solution for providing security to determine if the solution is adequate or inadequate. Provide a rationale for your answer.
Debate-training as investment : Training is an operating cost and should be limited to only what is required by law and absolutely necessary.
What are the information ethics associated with ip : What are examples of statistical techniques that managers can use to simulate business situations, optimize variables, and forecast sales or other figures?
One of hallmarks of disruptive technologies : One of hallmarks of disruptive technologies is that initially they underperform the current technology on attributes that matter most to mainstream customers.
Access to the internet at their homes : Can I please receive help on determining the probability that of the 8 chosen exactly 5 have access to the internet at their homes?
Net present value-most preferred model : Even though the Net Present Value is the most preferred model of gauging a viable investment, I am sure there are situations that the payback period is also
Enterprise resource planning solution : Suppose you are in charge of selecting an and Enterprise Resource Planning (ERP) solution for your organization.
Risk management of the currency risk : What is the best strategy to use in the risk management of the currency risk?
List several input-output devices that you own : List several input/output devices that you own. Which are your favorite? Why? Which are your least favorite? Why?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd