How many more jobs should she apply for

Assignment Help Basic Statistics

Reference no: EM131370660

An MBA graduate is applying for nine jobs, and believes that she has in each of the nine cases a constant and independent 0.48 probability of getting an offer.

a. What is the probability that she will have at least three offers?

b. If she wants to be 95% confident of having at least three offers, how many more jobs should she apply for? (Assume each of these additional applications will also have the same probability of success.)

c. If there are no more than the original nine jobs that she can apply for, what value of probability of success would give her 95% confidence of at least three offers?

Reference no: EM131370660

Questions Cloud

Effect of racism on sentencing in capital punishment cases : What is the effect of racism on sentencing in capital punishment cases

How many demonstrations should she make : If the salesperson wants to be at least 90% confident of getting at least 4 orders, at least how many demonstrations should she make?

Could you reproduce professor platt''s results : Could you reproduce (or improve upon) Professor Platt's results? Explain. Is a former $40 stock now trading at $2.50 a bargain? Or an invitation to get wiped out? Depends.

Photosynthesis process work in colder regions : How does photosynthesis process work in colder regions where there is no or limited sunlight?

How many more jobs should she apply for : If there are no more than the original nine jobs that she can apply for, what value of probability of success would give her 95% confidence of at least three offers?

Who knows the circulation of funds : Someone who is able to manage financial situations in the business. Who knows the circulation of funds, that is the incoming and outgoing of funds

Create an organizer for your original satirical essay : Create an organizer for your original satirical essay. Make sure that you clearly state the problem, a solution and the benefits of the solution

Determining the processivity of a dna polymerase : Describe an experimental approach to determining the processivity of a DNA polymerase (i.e., the number of nucleotides incorporated per chain per polymerase binding event).

Determining the purchase price of a new house : Read the most recent Survey Quick Facts. Based on this information, design a principal-components demographic analysis for determining the purchase price of a new house. Would you be able to conduct the analysis entirely from data and other inform..

User Account

All Pages