What is probability that none of them would have belonged

Assignment Help Basic Statistics
Reference no: EM13902124

In 1995 the percentage of the labor force that belonged to a union was 14.9. If five workers had been randomly chosen in that year, what is the probability that none of them would have belonged to a union? Compare your answer to what it would be for the year 1945, when an all-time high of 35.5 percent of the labor force belonged to a union.

Reference no: EM13902124

Questions Cloud

A combination of airport authorities : Ground handling activities are carried out by a combination of airport authorities, airlines themselves, and sometimes special handling agencies. If an aircraft is delayed the financial effects almost entirely fall on the airline. Think about the fol..
How many of the components must be in stock : A certain component is critical to the operation of an electrical system and must be replaced immediately upon failure. If the mean lifetime of this type of component is 100 hours and its standard deviation is 30 hours, how many of the components ..
Compute the december pbo and fmv of pension assets : Compute the December 31, 2010 PBO and FMV of pension assets. Compute 2010 pension expense. Use the financial statements effects template to show the effects on the 2010 financial statements.
Adequate for current passenger and freight needs : A. The future of airport development. With terrorist-driven declines in air traffic will there be a need for new airports? Are existing airports adequate for current passenger and freight needs?
What is probability that none of them would have belonged : In 1995 the percentage of the labor force that belonged to a union was 14.9. If five workers had been randomly chosen in that year, what is the probability that none of them would have belonged to a union?
Show calculated and critical values of the test statistic : Perform the Test; H0: µ ≥ 22 versus HA: µ
Explore copyright laws and intellectual property rights : Explore copyright laws and intellectual property rights and assess how well they balance competing interests
The college student journal : The College Student Journal (December 1992) investigated differences in traditional and nontraditional students, where nontraditional students are defined as 25 years or older and working. Based on the study results, we can assume the population mean..
How the balance sheet accounts of deere and company listed : Describe briefly how the balance sheet accounts of Deere & Company listed here would change if it recognized revenues during the period of production using the percentage-of-completion method.

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