In your area, 34% of firms are owned by women. You call local firms at random in order to sell them accounting software. You phone local businesses at random. a) What

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
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In your area, 34% of firms are owned by
women. You call local firms at random in
order to sell them accounting software. You
phone local businesses at random. a) What
is the probability that 2 of the 7 are owned
by women? b) What is the probability that
at least 2 of the 7 are owned by women? c)
What is the mean and standard deviation of
the number of businesses owned by
women?
Transcribed Image Text:In your area, 34% of firms are owned by women. You call local firms at random in order to sell them accounting software. You phone local businesses at random. a) What is the probability that 2 of the 7 are owned by women? b) What is the probability that at least 2 of the 7 are owned by women? c) What is the mean and standard deviation of the number of businesses owned by women?
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