Find probability that eight hundred people support increase

Assignment Help Basic Statistics
Reference no: EM13115506

A survey asks a random sample of 2500 adults in Ohio if they support an increase in the state sales tax from 5.25% to 5.50% with the additional revenue going to education. Suppose that 30% of all adults in Ohio support the increase. The probability that at least 800 people support the increase is?

 

Reference no: EM13115506

Questions Cloud

Yield to maturity of bond-brown enterprises : Brown Enterprises' bonds currently sell for $1,025. They have a 9-year maturity, an annual coupon of $80, and a par value of $1,000. What is their yield to maturity?
Describe why accurate forecasting is so important : describe why accurate forecasting is so important to sales enhancement, customer satisfaction, and cost control.
Explanation of the importance of the issue : What causes are responsible for the dispersal of fish across coral reefs?
Find out the radius r at which the mass rotates : Given the angular speed omega, find out the radius R(omega) at which the mass rotates without moving toward or away from the origin. Determine the radius in terms of k, L, M, and omega.
Find probability that eight hundred people support increase : Suppose that 30% of all adults in Ohio support the increase. The probability that at least 800 people support the increase is?
Estimating bond valuation : You wish to purchase a 20-year, $1,000 face balue bond that makes semiannual interest payments of $40. If you require a 10% nominal yield to maturity, what price should you be willing to pay for the bond?
What was the concentration of the original cucl2 solution : You have 47.2 mL of a solution of copper(II) chloride (CuCl2?). You need to determine the concentration of Cu2+ in the solution gravimetrically.
Which has the greatest affinity for electrons : Which has the greatest affinity for electrons.
Question regarding bond yield to maturity : A 10-year, $1,000 face value bond has an 8.5% annual coupon. The bond has a current yield of 8%. What is the bond's yield to maturity?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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