F(144) Generation Y has been defined as those individuals who were born between 1981 and 1991. A 2010 survey by a credit counseling foundation found that 60% of the young adults in Generation Y pay their monthly bills on time. Suppose we take a random sample of 190 people from Generation Y. Question content area bottom Part 1 The distribution of p is a aproximately normal. Calculate the standard deviaiton of p. σp=enter your response here(Round to four decimal places as needed.) What is the probability that between 106 and 120 of them will pay their monthly bills on time? P(Between 106 and 120 of them will pay their monthly bills ontime)=enter your response here (Round to four decimal places as needed.)
F(144) Generation Y has been defined as those individuals who were born between 1981 and 1991. A 2010 survey by a credit counseling foundation found that 60% of the young adults in Generation Y pay their monthly bills on time. Suppose we take a random sample of 190 people from Generation Y. Question content area bottom Part 1 The distribution of p is a aproximately normal. Calculate the standard deviaiton of p. σp=enter your response here(Round to four decimal places as needed.) What is the probability that between 106 and 120 of them will pay their monthly bills on time? P(Between 106 and 120 of them will pay their monthly bills ontime)=enter your response here (Round to four decimal places as needed.)
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Question
F(144)
Generation Y has been defined as those individuals who were born between 1981 and 1991. A 2010 survey by a credit counseling foundation found that
60%
of the young adults in Generation Y pay their monthly bills on time. Suppose we take a random sample of
190
people from Generation Y.
Question content area bottom
Part 1
The distribution of
p
is a aproximately normal. Calculate the standard deviaiton of
p.
σp=enter your response here
(Round to four decimal places as needed.)
What is the probability that between
106
and
120
of them will pay their monthly bills on time?
P(Between
106
and
120
of them will pay their monthly bills on
time)=enter your response here
(Round to four decimal places as needed.)
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