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1. Suppose that 20% of the subscribers of a cable TV company watch the shopping channel at least once a week. The cable company is trying to decide whether to replace this channel with a new local channel. A random survey of 100 subscribers will be undertaken. The cable company has decided to keep the shopping channel if more than 25% of the sample watches the shopping channel. What is the probability that the cable company will keep the shopping channel?

1. Suppose that 20% of the subscribers of a cable TV company watch the shopping channel at least once a week. The cable company is trying to decide whether to replace this channel with a new local channel. A random survey of 100 subscribers will be undertaken. The cable company has decided to keep the shopping channel if more than 25% of the sample watches the shopping channel. What is the probability that the cable company will keep the shopping channel?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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1. Suppose that 20% of the subscribers of a cable TV company watch the shopping channel at least once a week. The cable company is trying to decide whether to replace this channel with a new local channel. A random survey of 100 subscribers will be undertaken. The cable company has decided to keep the shopping channel if more than 25% of the sample watches the shopping channel. What is the probability that the cable company will keep the shopping channel?
Transcribed Image Text:1. Suppose that 20% of the subscribers of a cable TV company watch the shopping channel at least once a week. The cable company is trying to decide whether to replace this channel with a new local channel. A random survey of 100 subscribers will be undertaken. The cable company has decided to keep the shopping channel if more than 25% of the sample watches the shopping channel. What is the probability that the cable company will keep the shopping channel?
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