statistics, Basic Statistics

Assignment Help:
1. A search engine site claims that, on average, one out of five visitors clicks on an ad.
(a) If 8 users visit the site, what is the probability that at least three click on an ad?
(b) If 8 users visit the site, what is the probability that less than two of them click on an ad?
(c) If 800 users visit the site, would the probability that less than 200 click on an ad be higher or lower than the answer found in part (b)? Write a few sentences explaining your answer- computations are not required (or desired)
(d) Suppose 90 users visit the site during a particular minute, use the normal approximation to estimate the probability that more than 25 of them click on an ad.
(e) If 900 users visited the site, would the probability that more than 250 of them click on an ad be higher or lower than the answer found in part (d)? Write a few sentences explaining your answer- computations are not required (or desired)

2. Suppose that, overall, 5% of all tax returns are audited by the IRS.
(a) If an accountant has 7 clients for whom she prepared tax returns, what is the probability that less than 3 will be audited?
(b) If the accountant has 30 clients, what is the probability that at least one is audited?
(c) Suppose the accountant prepares 500 returns, use the normal approximation to estimate the probability that more than 20 of the returns are audited.

Related Discussions:- statistics

Trial Blance, What is an adjusted trial balance

What is an adjusted trial balance

Find population and standerd dev, Find a population data set that contains ...

Find a population data set that contains six entries, has a mean of 5, and has a standard deviation of 2

#titletime series, importance of time series in statistics

importance of time series in statistics

Definition, Definition of statistics according to Prof. Ya lu chan

Definition of statistics according to Prof. Ya lu chan

Sample space of an experiment, 1.The resumés of 2 males applicants for a co...

1.The resumés of 2 males applicants for a college teaching position in chemistry are places in the same file as the resumés of 2 female applicants. Two positions become available a

Job costing order, note: Raw material costs 15 500 Direct Labor Costs: 14 7...

note: Raw material costs 15 500 Direct Labor Costs: 14 750 Overhead costs 11 800 plant Finished Goods 37 500 Raw materials are charged into an order that is still in the process

Estimate the national level ndp, In the 2011 federal election, 30.6% of the...

In the 2011 federal election, 30.6% of the electorate voted for the New Democratic Party (NDP). (a) A year later, a national poll of 1836 respondents indicated that 36% support the

Data analysis, S&V Industries manufactures book cases. Different sizes of c...

S&V Industries manufactures book cases. Different sizes of cases are kept in inventory. The company has 80 man-hours and 36 pounds of wood available each day. 2 pounds of wood are

Salient features of a promissory note, What are the salient features of a P...

What are the salient features of a Promissory Note? Ans. a) A Promissory Note is made by the promiser who undertakes to pay the mentioned amount of Bill to the bearer of the Promi

Write Your Message!

Captcha
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