9.6% of consumers believe that cash will be obsolete in the next 20 years. Assume that 8 consumers are randomly selected. Find the probability that fewer than 3 of the selected consumers believe that cash will be obsolete in the next 20 years

Q: ssume that when human resource managers are randomly​ selected, 49​%say job applicants should follow…

A: Let X be the random variable from binomial distribution with probability (p) = 49% = 0.49 and sample…

Q: Assume that when adults with smartphones are randomly selected, 45% use them in meetings or classes.…

A: According to the provided information, we have P(Adults with smartphones use them in meetings or…

Q: Assume that when human resource managers are randomly selected 55% say job applicants should follow…

A: The binomial distribution probability is:P(X=x)=nCx​px(q)n−xwhere ::: x represents the total number…

Q: Assume that when adults with smartphones are randomly​ selected, 47​% use them in meetings or…

A:

Q: Suppose that 65% of all dialysis patients will survive for at least 5 years. In a simple random…

A: given data p(survive atleast five year) =p  = 0.65sample size (n) = 100P(p^>0.80) =?

Q: 39.6% of consumers believe that cash will be obsolete in the next 20 years. Assume that 6 consumers…

A: Let  be the number of consumers believe that cash will be obsolete in the next  years.The number of…

Q: Statistics show that 40% of men renew their car licenses after the deadline date. Assume that this…

A: Givenp=0.40sample size(n)=7Let "x"be the no.of men renew their car licenses after the deadline…

Q: Assume that the incidence of a certain virus in a particular population is 4% and that a test…

A: It is given that, the incidence of a certain virus in a particular population is 4%.

Q: An assembly line machine produces a defective widget 23% of time,the rest of the time it produces a…

A: Here, n = 21 and p = 0.23.

Q: Find the empirical probability of flipping a coin 10 times

A: We need to find the emperical probability of flipping a coin 10 times Emperical probability is…

Q: Assume that when adults with smartphones are randomly​ selected, 51​% use them in meetings or…

A:

Q: Assume that when human resource managers are randomly selected, 54% say job applicants should follow…

A: 0.7279 Explanation:Approach to solving the question:To solve this problem, we can use the binomial…

Q: Assume that when adults with smartphones are randomly selected, 44% use them in meetings or classes.…

A: Given Information: Probability of success, p = 44% = 0.44 Number of trials, n = 7 To find the…

Q: The proportion of eligible voters in the next election who will vote for the incumbent is assumed to…

A:

Q: 40% of consumers believe that cash will be obsolete in the next 20 years. Assume that 7 consumers…

A:

Q: Assume that when adults with smartphones are randomly​ selected, 43​% use them in meetings or…

A: Let X be the number of adult use their smartphones in meetings or classes. X has binomial…

Q: Assume that when adults with smartphones are randomly selected, 41% use them in meetings or classes.…

A:

Q: Assume that when adults with smartphones are randomly​ selected, 46 ​% use them in meetings or…

A:

Q: Suppose a fair coin is tossed 3 times. Find the probability distribution for the number of tails…

A: Given : Experiment :  A fair coin is tossed 3 times Possible outcomes : Ω = { HHH , HHT , HTH , THH…

Q: Assume that when human resource managers are randomly​ selected, ​52% say job applicants should…

A: Givenp=0.52n=8x~Binomial(n=8,p=0.52)P(X=x)=(nx)×px×(1-p)n-x   ; x=0,1,...,n

Q: 39.9​% of consumers believe that cash will be obsolete in the next 20 years. Assume that 7…

A: According to the given information,Probability of success in a trial, p = 39.9% = 0.399Total number…

Q: Assume that when adults with smartphones are randomly selected, 35% use them in meetings or classes.…

A:

Q: Assume that when adults with smartphones are randomly selected, 39%use them in meetings or classes.…

A: Let us assume X= the number of persons who uses smartphones in meetings or classes n= number of…

Q: Assume that when adults with smartphones are randomly​ selected,53​% use them in meetings or…

A:

Q: Assume that when adults with smartphones are randomly selected, 36% use them in meetings or classes.…

A: We have to find given probability..

Q: 40% of consumers believe that cash will be obsolete the next 20 years. Assume that 8 consumers are…

A: Given thatp = 0.40n = 8X ~Binomial(n, p) X ~ Binomial (8, 0.40)The PMF of the Binomial distribution…

Q: 39.6​% of consumers believe that cash will be obsolete in the next 20 years. Assume that 7 consumers…

A: given data   p( cash obsolete) = p = 0.396 select n = 7 consumers. x = No. of cash obsolete p(x=X) =…

Q: randomly​ selected, find the probability that at least 2 of them say job applicants should follow…

A: n = 7, p = 42% = 0.42X ~ Binomial(n=7 , p=0.42)

Q: Suppose Solar power plants failures occur with an average of 5 failures every year, calculate the…

A: Given data: 5 = failures every year To find: The probability that there will not be more than one…

Q: Suppose a very safe driver has a likelihood of getting into an accident of 1/20 every year.…

A: Given Rate=1/20 every year  P(X≥1)=? Let X be the number of accident

Q: The unemployment rate in a city is 13%. If 6 people from the city are sampled at random, find the…

A:

Q: 39.9% of consumers believe that cash will be obsolete in the next 20 years. Assume that 6 consumers…

A: Givenconsumers believe that cash will be obsolete in the next 20 years(p)=0.399sample size(n)=6Let…

Q: Based on a USA today poll, assume that 10% of the population believes that the college is no longer…

A: Solution: Let X be the number of people believes that the college is no longer a good investment and…

Q: Assume that when human resource managers are randomly​ selected, 51​% say job applicants should…

A: Let X be the random variable from binomial distribution with probability (p) = 51% = 0.51 and sample…

Q: Assume that four adults are randomly selected without replacment from the 258,343,280 adults in the…

A: As Prof. A. M. Goon said "Suppose there is a finite population of size N that contains exactly K…

Q: The number of accidents at a certain intersection is a Poisson random variable. The probability that…

A: we have given that  The probability that there are 2 accidents in any given week is 3 times as much…

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A: Step 1:40% of consumers believe that cash will be obsolete in the next 20 years.p=0.40 8 customers…

Q: Assume that when human resource managers are randomly​ selected, ​62% say job applicants should…

A: n=6, p=62%=0.62, X~Binomial(n=6, p=0.62)  Let X be number of job applicants should follow up within…

Q: Assume that adults with smartphones are randomly selected, 48% use them in meetings or classes.  If…

A: Let "X" be adults who use their smartphones in meetings or classes.

Q: For next year, 47% of veterans will buy a single family home. If we pick a random sample of 5…

A: Given Information: n = 5 p = 47% = 0.47 To find out the probability that at least 4 veterans will…

Q: In a large population, 67 % of the people have been vaccinated. If 4 people are randomly selected,…

A: Let us denote X=the number of people who have been vaccinated n=sample size= 4 p=probability of…

Q: sume that 15​% of people are​ left-handed. Suppose 12 people are selected at random. What's the…

A: Given data, people are​ left-handed =15%=0.15 Which means people are right-handed =0.85 n=12 What's…

Q: At a bank, there is a line of 3 people and only one cashier that serves one person at a time. The…

A: Exponential distribution : A continuous random variable x is said to be follows exponential…

Q: Assume that when adults with smartphones are randomly​ selected, 4646​% use them in meetings or…

A: To calculate the probability that 55 out of 99 use the smartphones in the class or meetings.

Q: Assume that when human resource managers are randomly​ selected, ​41% say job applicants should…

A: We have given that  Sample size n=8 , success of probability p= 41%= 0.41 q= 1 - p= 0.59