What is the probability that 14 of them can read english

Assignment Help Basic Statistics

Reference no: EM131790597

Identifying n, p, and x

For each situation, identify the sample size n, the probability of success p, and the number of successes x. When asked for the probability, state the answer in the form b(n, p, x). There is no need to give the numerical value of the probability.

Assume the conditions for a binomial experiment are satisfied. National Bureau of Statistics, Republic of Maldives, reported that 60.3% of males in the age group of 45-49 can read English.

a. If 25 males in the age group of 40-49 are chosen at random, what is the probability that 14 of them can read English?

b. If 25 males in the age group of 40-49 are chosen at random, what is the probability that 17 of them cannot read English?

Reference no: EM131790597

Questions Cloud

Calculate the equipment net book value at december : first year of the equipments life and calculate the equipment net book value at December 31st after the third year of the equipments life

Balance sheet of the thompson crown company : 1. The balance sheet of the Thompson Crown Company (TCC) follows: Thompson Crown Company Balance Sheet, December 31, 2015 ($ millions)

What equity in investee income should hager report : At the end of 2010, Hager continued to hold merchandise with a transfer price of $40,000. What Equity in Investee Income should Hager report for 2010

What is the projects required rate of return : firms managers have assigned an adjustment factor of 1.5% to the project, what is the projects required rate of return if the market rate is 10.8%

What is the probability that 14 of them can read english : When asked for the probability, state the answer in the form b(n, p, x). There is no need to give the numerical value of the probability.

What are migration costs from moving to puerto rico to us : The present value of working in Puerto Rico is PVPR = (1 + r)WPR/r, and the present value of working in the U.S. is PVUS= (1 + r)WUS/r.

Compute the payback period on the outlet : Paul Swanson has an opportunity to acquire a franchise. Compute the simple rate of return promised by the outlet. Compute the payback period on the outlet.

Make semiannual payments : Assume that the overall cost of debt is the weighted average of that implied by the two outstanding debt issues. Both bonds make semiannual payments.

Discuss produce the consolidated financial statements : Prepare the worksheet necessary to produce the consolidated financial statements for Pontiac Company and its subsidiary Stark Company

User Account

All Pages