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 59​% of the young adults in Generation Y pay their monthly bills on​ time) Suppose we take a random sample of 210 people from Generation Y. What is the probability that 130 or fewer will pay their monthly bills on​ time? Please show how to do using Excel

Q: according to quantcast analytics of crossfit.com, 40% of cross fitters have post graduate degrees.…

A: Given: Population proportion p0=0.4 Sample size n=100

Q: Describe the concept of Probability?

A:

Q: Please discuss the main ways to determine probability

A: It is needed to discuss different ways of determining the probability.

Q: A manufacturing machine has a 5% defect rate. If 9 items are chosen at random, what is the…

A: Given:  5% defect rate. If 9 items are chosen at random

Q: Distinguish what the experimental probability is of the player getting a hit. Show all of your work.

A: It is given that  The favourable number of cases = 15 Total number of cases = 45

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: In a recent study nationwide, it was found that 51% of people lost their keys in the past year. If…

A:

Q: What is the probability that out of 12 students on a swim team, they will line up from youngest to…

A:

Q: If the probability that your DVD player breaks down before the extended warranty expires is 0.046​,…

A: Let 'E' be the event representing that the DVD player breaks down before the extended warranty…

Q: A student takes a 20-question, true/false exam and guesses on each question. Find the probability of…

A: Introduction to binomial distribution:Consider a random experiment involving n independent trials,…

Q: A market research organization surveyed 102 people and found that 73 of them would like more…

A:

Q: Define Probability using various sources. Present a scenario where you might collect data and use…

A: A measure of the possibility that an event will occur is called probability. It also indicates the…

Q: What is the probability that 12 attempted starts are made during the acceptance process?

A:

Q: When drawing a single card from the deck, what is the probability of getting a face card or a…

A: A deck contains 52 cards in total, and it contains following: 1.   Twelve Face cards (Jack, Queen,…

Q: Should the one-tailed or the two-tailed probability be used to assess performance  of the students?

A: The tail of the test depends on the alternative hypothesis of the test. The possible alternative…

Q: recent survey found that 70% of all adults over 50 wear sunglasses for driving. In a random sample…

A: We have given that  Sample size n = 10 Success of probability p= 0.70 X~binomial ( n , p )

Q: In 2016, more than 200,000 students took the AP® Statistics exam. Of these students, 14% earned the…

A: From the provided information, 14% earned the highest score of 5 that is p = 0.14 Sample size (n) =…

Q: A geneticist constricts an experiment with peas, one sample of offspring consisted of 460 green peas…

A:

Q: 81% of students say that they do not get enough sleep

A: Given that  81% of students said that they do not get enough sleep. P=81% = 0.81 q= (1-0.81) = 0.19…

Q: What is the probability that your first girl comes on your 5th kid?

A: The probability of getting a girl= 0.5   Total number of trials = 5 Total number if failures = 4…

Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.