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91影视

In debt? Refer to Exercise 100.

a. Justify why D can be approximated by a normal distribution.

b. Use a normal distribution to estimate the probability that 30or more adults in the sample have more debt than savings.

Short Answer

Expert verified
  1. The D is about regularly distributed
  2. The resultant probability is0.08

Step by step solution

01

Part (a) Step 1: Given Information

Given:

Adult population is (n)=100

The percentage of adults who owe more money than they saverole="math" localid="1653979441143" (p)=0.24

02

Part (a) Step 2: Check that D is generally distributed for a reason.

Consider,

np=100(0.24)=24>10n(1-p)=100(1-0.24)=76>10

Therefore, the D is about regularly distributed.

03

Part (b) Step 1: Given Information

Given:

Adult population isn=100

The percentage of adults who owe more money than they save(p)=0.24

04

Part (b) Step 2: calculate the likelihood that at least 30 persons in the sample have more debt than savings.

When 30 or more adults have more debt than savings, the likelihood is computed as follows:

P(X30)=PZ30-100(0.24)100(0.24)(1-0.24)=P(Z1.405)=1-0.920=0.08

As a result, a probability of 0.08 is necessary.

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Most popular questions from this chapter

Quick, click! An Internet reaction time test asks subjects to click their mouse button as soon as a light flashes on the screen. The light is programmed to go on at a randomly selected time after the subject clicks 鈥淪tart.鈥 The density curve models the amount of time Y (in seconds) that the subject has to wait for the light to flash.

a) Find and interpret P(Y>3.75)

b) What is Y? Explain your answer.

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Take a spin Refer to Exercise 83. Calculate and interpret P(X7)

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X=2.1X=1.136

Value of Y0123
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a) Find the mean and standard deviation of the difference Y-Xin the number of errors made by a randomly selected student. Interpret each value in context.

(b) Challenge: Find the probability that a randomly selected student makes more word errors than nonword errors .

If Jeff gets 4 game pieces, what is the probability that he wins exactly 1 prize?

a. 0.25

b. 1.00

c. (41)(0.25)3(0.75)341(0.25)3(0.75)3

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