Find the probability that the number of college students

Assignment Help Basic Statistics
Reference no: EM131191154

33% of college students say they use credit cards because of the rewards program. You randomly select 10 college students and ask each to name the reason he or she uses credit cards. Find the probability that the number of college students who say they use credit cards because of the rewards program is (a) exactly two (b) more than two and (c) between two and five inclusive. (round to the nearest thousandth as needed)

Reference no: EM131191154

Questions Cloud

Calculate the annual rate of return on the project : Calculate the annual rate of return on the project. Calculate the net present value, ignoring the additional benefits described by Rick. Should the tow truck be purchased?
Poisson random variable with parameter : 1. Let X be a Poisson random variable with parameter 4, and let Y = min(X, 3). (a) What is the p.m.f. of X? (b) What is the mean of X? (c) What is the variance of X? (d) What is the p.m.f. of Y (e) Compute E[Y ].
How could fraud have been prevented : May 13, 1988, a Friday incidentally, will be remembered by a major Chicago bank.- How could this fraud have been prevented? - Why is this a difficult fraud to prevent?
Explain how you communicate to promote this identity : Describe the persona you are trying to project. Explain how you communicate to promote this identity. What kinds of things do you say? How do you act?
Find the probability that the number of college students : Find the probability that the number of college students who say they use credit cards because of the rewards program is (a) exactly two (b) more than two and (c) between two and five inclusive. (round to the nearest thousandth as needed)
Prepare a multi step income statement for 2010 : Multi-Step Income Statement and Classified Balance Sheet- Prepare a multi-step income statement for 2010 and a classified balance sheet at December 31, 2010.
Discuss the ways a realistic budget will benefit the owner : Briefly discuss the ways a realistic budget will benefit the owner of Babycakes versus having no budget at all. Be sure to use Babycakes as the company and any specific product details in your explanation.
Find the range of the data set : a) Find the range of the data set? (round to the nearest tenth) b) Change 46.5 to 69.6 and find the range of the new data set (round to the nearest tenth)
How did the person respond to your experiment : Write a response (200 words or more) to the following question(s) APA 6th Ed.12 point font Use perception checking in a real-life situation with someone this week to view the situation from the other person's perspective, and describe how increase..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Assume the poisson distribution applies use the given mean

assume the poisson distribution applies. use the given mean to find the indicated probability.find p6 when mean

  A random sample of 50 men 40% said they preferred walking

A random sample of 50 men, 40% said they preferred walking up stairs than taking the elevator. In a random sample of 40 women

  Suppose the average speeds of passenger trains traveling

suppose the average speeds of passenger trains traveling from newark new jersey to philadelphia pennsylvania are

  Parametric analysis by assessing the fractional change

Perform a parametric analysis by assessing the fractional change in the probability of failure with respect to a small change in the mean and standard deviation of selected variable.

  What is the proper rank test for these hypotheses

Compare exercise at a medium rate with exercise at a low rate. Do the data from the previous exercise give good reason to think that stepping at the medium rate increases heart rates more than stepping at the low rate?

  In a management trainee program 80 percent of the trainees

in a management trainee program 80 percent of the trainees are female 20 percent male. ninety percent of the females

  What is the mean of the distribution of sample means

Assume that a random sample of 40 mechanics is selected and the mean rebuild time of the sample is computed. Assuming the mean times are normally distributed, what percentage of sample means are greater than 7.7 hours?

  Production run for a customer

14 machines are planned to be used for a 60-day production run for a customer. The operating time is 1660 hours. Upon failure, a machine must be returned to the manufacturer for repair.

  Two boxes a and b box a contains 4 red balls and 5 white

two boxes a and b. box a contains 4 red balls and 5 white balls box b contains 2 red balls and 3 white balls. an

  Calculating ninety five percent confidence interval

Calculate the 95% confidence interval for the proportion of students with at least one injury for each of the two subpopulation

  Problem regarding the causation-education

Suggest several lurking variables that also contribute. (Ask yourself what kinds of people tend to get more education.)

  Large numbers-use the normal approximation

To illustrate the law of large numbers, use the normal approximation to the binomial distribution to determine the probabilities that the proportion of heads will be anywhere from 0.49 to 0.51 when a balanced coin is flipped

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