Compute probability of number of students with loan

Reference no: EM13108190

Student record revealed that 16 out of a random sample of 64 of student with loans. It supposed that current rate is persisting across all students. A sample of 100 students is selected from this cumpus.

1. Compute probability that number of students with loans will be less than 375.
2. Compute probability that number of students with loans will be atleast 420.

Reference no: EM13108190

Questions Cloud

Which is the majority of the population : In a few short sentences please provide me with your thoughts on the following paragraph. Stigma plays a huge role in whether military members seek mental health-care.

Describe the organizational structure : Describe the organizational structure that results from each of the different bases of departmentalization?

Purpose of wilcoxon signed-rank test : What is the purpose of a Wilcoxon signed-rank test? Explain. The Wilcoxon signed-rank test resembles which parametric test(s)? Explain.

Case study - mega beverage corporation : Mega Beverage Corporation will launch its new twelve-hour energy drink called the Viva in a few weeks. The company suggests a retail price of $3 for a 3-ounce bottle; however, the retail buyers must agree not to sell the drink for less than $2.75.

Compute probability of number of students with loan : Student record revealed that 16 out of a random sample of 64 of student with loans. It supposed that current rate is persisting across all students. Compute probability that number of students with loans will be less than 375.

Wilcoxon-whitney test : What is a Wilcoxon-Whitney Test and when is it used? I am not sure when to use the Wilcoxon-Whitney Test and what it is testing.

Determining non parametric tests : Assume that each of the following studies cannot be analyzed using a parametric procedure. For each of the following studies (below), indicate the appropriate nonparametric procedure, and explain why you chose it.

Perform test of company-s claim at alpha : ample of fifteen 8 ounce Baby Ruth candy bars are weighed and it is found sample standard deviation is 0.6 ounces. Test company's claim at (alpha sign) is 0.05.

Mann-whitney u test : Dan Thompson, the president of CEO Airlines, recently noted an increase in the number of no-shows for flights out of Atlanta.

User Account

All Pages