User Account

All Pages

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

Probability, How can you use probability to improve your chances of winning...

How can you use probability to improve your chances of winning at a casino

Study guide, Answers & examples of accounting for the follow on the file be...

Answers & examples of accounting for the follow on the file being sent to you.

Definition of batch costing and methods, Batch costing and method of costin...

Batch costing and method of costing whereby identical units produced are treated as a single unit & the cost incurred is shown to the whole of that batch instead of each individual

Truss, state the condition followed by dimple truss.

state the condition followed by dimple truss.

Historigram, what is historigram.

what is historigram.

What is cut-off date, What is cut-off date A chosen manually date whereby ...

What is cut-off date A chosen manually date whereby transactions usually are stopped to give for closing of the books of accounts for a known period: for audit purposes,

Determine the correct interpretations - confidence interval, Which of the f...

Which of the following statements are correct interpretations of a 95% confidence interval for μ? (a) 95% of the observations in the sample will be contained in the confidence i

Applied problems, A company determines that the profit (P) in Pula and the ...

A company determines that the profit (P) in Pula and the advertising expenditure (e) in Pula have a linear relationship. a) Find an equation of linear relationship

Multiple linear regression, #multiple linear regression of y on x1 & x2 fro...

#multiple linear regression of y on x1 & x2 from data relating to 3 variables i.e y=4,6,77,9,13,15 x1=15,12,8,6,4,8 x2=30,24,20,14,10,4

BALANCE SHEET , BALANCE SHEET A financial report that shows the resources,...

BALANCE SHEET A financial report that shows the resources, obligations, and stock of a business at a specified time frame in complying with usually recognized sales concepts (GAAP

Write Your Message!

Captcha
Order Assignment

Featured Services

Order Now

Popular Subjects

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd