How many graduating student applying for jobs

Assignment Help Basic Statistics
Reference no: EM131692280

Question: A graduating student keeps applying for jobs until she has three offers. The probability of getting an offer at any trial is 0.48.

a. What is the expected number of applications? What is the variance?

b. If she has enough time to complete only six applications, how confident can she be of getting three offers within the available time?

c. If she wants to be at least 95% confident of getting three offers, how many applications should she prepare?

d. Suppose she has time for at most six applications. For what minimum value of p can she still have 95% confidence of getting three offers within the available time?

Reference no: EM131692280

Questions Cloud

What are average return and standard deviation for portfolio : An investment portfolio has equal proportions invested in five stocks. The expected returns and standard deviations (both in percent per year) are (8, 3).
What volume of sales does the firm break even : what volume of sales does the firm break even - What is the break even quantity for a price of $405 - When quoting this new price, SG&A should be ignored
Prepare a statement addressed to cindy kramer : Prepare a statement addressed to Cindy Kramer and upper management explaining to them the importance of learning styles and adult learning.
Most important to your success is controlling your schedule : Nothing is more important to my success than controlling my schedule. Do you agree that most important to your success is controlling your schedule?
How many graduating student applying for jobs : A graduating student keeps applying for jobs until she has three offers. The probability of getting an offer at any trial is 0.48.
Fractional reserve banking : The Federal Reserve sets the reserve requirement, which banks must meet through deposits at the Fed and cash held at the bank.
Define the key tool when seeking employment : Entries must be incomplete sentences that are a part of meaningful paragraphs
Calculate the payback period and simple rate of return : Based on the above information and using Excel, calculate the following: Payback period, Simple rate of return and Net present value
Uses to ensure customer satisfaction : Discuss with this person the strategies he or she uses to ensure customer satisfaction

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