4) You know that 70 percent of the subs at theme parks in the US are yellow. There are 220 subs in theme parks in the US. You are in a contest where you select sub names from a hat and record the name of the theme park sub. (No replacement ). You win a prize if you select a greater percentage of yellow subs than 90% of your many many competitors. What percentage of yellow subs do you need to select?
4) You know that 70 percent of the subs at theme parks in the US are yellow. There are 220 subs in theme parks in the US. You are in a contest where you select sub names from a hat and record the name of the theme park sub. (No replacement ). You win a prize if you select a greater percentage of yellow subs than 90% of your many many competitors. What percentage of yellow subs do you need to select?
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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
Transcribed Image Text:**Problem 4: Probability in Practice**
You are given that 70 percent of the submarines (subs) at theme parks in the US are yellow. There are a total of 220 subs in these theme parks. You are participating in a contest where you randomly select sub names from a hat and record the names without replacement.
The challenge is to win a prize by selecting a higher percentage of yellow subs than 90% of your many competitors. The question is: What percentage of yellow subs do you need to select to achieve this goal?
This problem explores concepts of probability and statistics, particularly focusing on probability without replacement and competitive statistics.
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