Many U.S. households still do not have Internet access. Suppose 25 out of 80 households in a small southern town do not have Internet access. A company that provides high-speed Internet has recently entered the market. As part of the marketing campaign, the company decides to randomly select ten households and offer them red laptops along with a brochure that describes their services. The aim is to build goodwill and, with a free laptop, tempt nonusers into getting Internet access. 1.What is the expected number of laptop recipients who do not have Internet access? 2.Calculate the expected value, the variance, and the standard deviation for the recipients who do not have Internet access.
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
Many U.S. households still do not have Internet access. Suppose 25 out of 80 households in a small southern town do not have Internet access. A company that provides high-speed Internet has recently entered the market. As part of the marketing campaign, the company decides to randomly select ten households and offer them red laptops along with a brochure that describes their services. The aim is to build goodwill and, with a free laptop, tempt nonusers into getting Internet access.
1.What is the expected number of laptop recipients who do not have Internet access?
2.Calculate the
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