8. Research has revealed that forty percent of Internet company employees have stock options in their companies. Consider a random sample of 12 employees from an Internet company, (a) What is the probability that at least 7 employees have stock options in the company? (b) What is the mean number of Internet company employees who have stock options in their companies, in a sample of 12 employees? (c) What is the probability that at most 7 employees will not have stock in the company? {Hint: Note that "success" here has changed in problem (c.)}

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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8.
Research has revealed that forty percent of Internet company employees have stock options in their
companies. Consider a random sample of 12 employees from an Internet company.
(a) What is the probability that at least 7 employees have stock options in the company?
(b) What is the mean number of Internet company employees who have stock options in their
companies, in a sample of 12 employees?
(c) What is the probability that at most 7 employees will not have stock in the company?
{Hint: Note that "success" here has changed in problem (c.)}
Transcribed Image Text:8. Research has revealed that forty percent of Internet company employees have stock options in their companies. Consider a random sample of 12 employees from an Internet company. (a) What is the probability that at least 7 employees have stock options in the company? (b) What is the mean number of Internet company employees who have stock options in their companies, in a sample of 12 employees? (c) What is the probability that at most 7 employees will not have stock in the company? {Hint: Note that "success" here has changed in problem (c.)}
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