Use the normal distribution

Assignment Help Business Management
Reference no: EM133037065

Problem: A sample of 100 is taken from a very large population known to be 5 % defective. Although the distribution is binomial, you would like to use the normal distribution What is the probability of finding 7 or more [ P( x =>7) ] defectives in the sample? Please provide the complete solution of this problem.

Reference no: EM133037065

Questions Cloud

Compute the accounting rate of return : The estimated useful life of the equipment will be 5 years, at which point it will have a $10,000 terminal salvage value. Compute the Accounting Rate of Return
What is cold calling or cold canvassing : What is cold calling or cold canvassing? Why is cold calling or cold canvassing used as a source of prospects? List matters/problems of cold calling
Explain the games general assembly : Problem: You are the Sport Director for the State Summer Games in your home state. The Games take place every year, and the program of sports and events has to
What would be the suggestion of Mr Ray to the Manager : Now, what would be the suggestion of Mr. Ray to the Manager of the branch based on IRR method of Term Loan Appraisal
Use the normal distribution : Problem: A sample of 100 is taken from a very large population known to be 5 % defective. Although the distribution is binomial, you would like to use the norma
INFO16178 Training the IT Trainer Assignment : INFO16178 Training the IT Trainer Assignment Help and Solution, Sheridan College - Assessment Writing Service
Quest for competitive advantage : There are similar questions to the ones found below and links to specific sections in the textbook (Thompson, Crafting & Executing Strategy:
What price must La Oficina de Envigado charge : If the AUD appreciates to COP2,470, what price must La Oficina de Envigado charge to maintain its COP unit revenue
Spreadsheet analysis of cash flows : Assume a typical investor purchases $10,000 worth of Aurora using the back-end load option which includes a performance bonus; what are the cash flow impacts fo

Reviews

Write a Review

Business Management Questions & Answers

  What is the hourly production of the excavator

You are using a backhoe excavator for foundation excavation. The rated struck capacity of the bucket is 2.5 CY. The type of soil is sand. The fill factor is 1.0

  Determining the amount of life insurance to purchase

The needs approach is widely used for determining the amount of life insurance to purchase. Describe the following needs for a typical family head:

  How did the dining customs of greek and roman societies

How did the dining customs of Greek and Roman societies contemporary menus and food items

  Recruitment effectiveness strategies

Which of the following recruitment effectiveness strategies can be measured by short-term considerations?

  Career plan of a bank manager

Prepare a paper of no more than 350 words discussing the results of your Career Plan Building Activity: Work Culture Preferences and Competencies on being a Bank Manager.

  Case study-blue lake marina

Blue Lake Marina regularly sells a make of cruiser for $13,456. This regular selling price covers expenses of 15% of cost and a normal profit of 8% of cost.

  Analyze the control of an externality

Discuss, explain and analyze the control of an externality such as emissions in a market-based system including all three components.

  National income of a country

Discuss why and how the three approaches used in measuring the national income of a country give the same estimates.

  Use the gps function of a smartphone

Specify the advantage of using GPS in each situation.

  Explain cost-benefit analysis and risk management

Explain cost-benefit analysis and risk management as they relate to aviation security policies.

  Negligence or medical negligence claim

Given these facts, does the nurse have a legitimate basis for a negligence or medical negligence claim?

  What is the firm sustainable growth rate

Plank's Plants had net income of $6,000 on sales of $70,000 last year. The firm paid a dividend of $960. Total assets

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