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

Quantitative techniques, How can we apply matrix algebra in various decisio...

How can we apply matrix algebra in various decision models in business and management?

Measure of dispersion, What are the uses of measures of dispersion in the f...

What are the uses of measures of dispersion in the field of civil engineering?

Cost of accounting, what are different method of classifying overhead? indi...

what are different method of classifying overhead? indicate the advantag

Does the claim represent the null hypothesis or the alterna., A scientist c...

A scientist claims that the mean incubation period for the eggs of a species of birds is more than 46 days.

Comparing Two Samples, Ask qComparing Two Samples: 1. Apply the function "p...

Ask qComparing Two Samples: 1. Apply the function "plot" to the formula that relates the response "frequency" to the explanatory variable "march2007" in order to produce the two bo

Calculate stress in the string, question.. A prevent of huge m1 and bodywe...

question.. A prevent of huge m1 and bodyweight w1 = m1g goes on a stage frictionless exterior. It is attached by a gentle versatile string moving past over a little frictionless l

Clearing account, Clearing account An account used to build up entire char...

Clearing account An account used to build up entire charges, credits so that they can be disseminated later amongst the accounts to which they are allocable, so that the net diffe

Metaphor, writing a Introduction on Metaphor

writing a Introduction on Metaphor

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