If the probability is 0.20 that a certain bank willrefuse a loan application, use the normal approximationto determine (to three decimals) the probability that thebank will refuse at most 40 of 225 loan applications.

Q: Suppose in a certain year, the probability that a person in the United States would declare personal…

A: Let P denotes personal bankruptcy and M denotes medical related issue.The probability that a person…

Q: If the manager of Pet Place wants the probability of a stockout during replenishment lead-time to be…

A: The mean is 15 and the standard deviation is 6.

Q: A nervous kicker usually makes 72% of his first field goal attempts. If he makes his first attempt,…

A: From the provided information, P (makes first field goal attempt) = 0.72 P (Makes second attempt|…

Q: Suppose that on the average, 8 students enrolled in a small liberal arts college have their…

A:

Q: A nervous kicker usually makes 64% of his first field goal attempts. If he makes his first attempt,…

A: Given that the probability of making the first kick is= 64% =0.64 When he made the first kick then…

Q: Refer to Table 1. What is the probability that an undergraduate business major intends to attend…

A:

Q: Suppose that there are 600 students taking a math course in GTU. The probability of passing the…

A: Given that  n = 600 , p = 0.3 , q = 1 - p = 1 - 0.3 = 0.7

Q: opose a computer chip manufacturer finds that 20% of the chips produced during the velopment phase…

A:

Q: The life of a power transmission tower is exponentially distributed, with mean life 25 years. If…

A: From the provided information,  The life of a power transmission tower is exponentially distributed,…

Q: For most years, 0.95 of the population diagnosed with a certain cancer is adults and 0.05 is female.…

A: Given information- The probability that the population diagnosed with a certain cancer is adults P…

Q: In a certain year, the probability that a stock was in the Information Technology sector was 0.1302.…

A:

Q: Suppose that 60% of all California motorists are insured. Find the probability  that more than 55%…

A: given data  P(insured) = p = 0.60 sample size n = 100 P(p^>0.55) = ?

Q: Assume that an average of 125 packets per second of information arrive to a router and that it takes…

A: Given: λ=125 μ=10.002=500 ρ=λμ=14

Q: Sweetwater & Associates write weekend trip insurance at a very nominal charge. Records show that the…

A: n = 400, p = 0.00555Let X be the number of accident during the weekend and file a claim.p be the…

Q: Suppose that the average number of accidents occurring weekly on a par- ticular stretch of a highway…

A:

Q: Suppose that a policeman with a radar gun is watching traffic pass on a street where it is the case…

A:

Q: A radioactive source emits particles at an average rate of one every 12   seconds. Find the…

A: Given problem Given that   A radioactive source emits particles at an average rate of one every 12…

Q: Suppose the probability of contracting a certain disease is 1 in 69 for a new case in a given year.…

A: P( new case) ==0.0145q=1-p=1-0.0145=0.9855n=110 people

Q: Suppose the time a child spends waiting at for the bus as a school bus stop is exponentially…

A:

Q: f one person is randomly selected from the population described in the table, find the probability,…

A: Solution: If one person is randomly selected from the population described in the table,

Q: At a certain bank the amount of time that a customer spends being served by a teller is exponential…

A: The exponential mean of customer served by teller is 3 minutes.

Q: *H is Mean of population O Mean of sample Mode O

A: We have to identify for which given term notation is used.

Q: Suppose that the amount of time one spends in a bank is exponentially distributed with mean 10…

A: Let X be the amount of time one spends in a bank follows exponentially distributed with mean of 10…

Q: A sample of 400 adults found that 82  have high blood pressure. However, 98 of those studied…

A: The total sample of adults is 400.

Q: If the probability that an individual will suffer a bad reaction to a given vaccine is 0.19.…

A:

Q: Suppose that on the average, 3 students enrolled in a small liberal arts college have their…

A: Given The data is as follows: On avg., 3 small liberal arts college students who have their…

Q: In a certain industrial facility, accidents occur infrequently. It is known that the probability of…

A: Given Information: Probability of an accident on a given day is p=0.007 Accidents are independent of…

Q: In a certain year, the probability that a stock was in the Information Technology sector was 0.1357.…

A: Given:-             In a certain year, the probability that a stock was in the Information…

Q: A recent survey of 1040 U.S. adults selected at random showed that 634 consider the occupation of…

A: 1040 U.S. adults selected at random were surveyed. Among them 634 considered the occupation of…

Q: In a certain year, the probability that a stock was in the Information Technology sector was 0.1353.…

A: Let us define the following events        F = a stock was in the IT sector       E = a stock had a…

Q: A nervous kicker usually makes 69% of his first field goal attempts. If he makes his first attempt,…

A: From the provided information, A nervous kicker usually makes 69% of his first goal attempts. The…

Q: Find the probability that a driver with at least one collision in the past year is a middle aged…

A:

Q: Ashley’s Internet service is terribly unreliable. In fact, on any given day, there is a 75% chance…

A:

Q: Ashley’s Internet service is terribly unreliable. In fact, on any given day, there is a 60% chance…

A: P(internet connection will lost at some point of day) = p = 0.60 P(not lost connection for  7 days…

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.