Risk Management:80% of people who purchase pet insurance arewomen. If 9 pet insurance owners are randomlyselected, find the probability that exactly 6 arewomen.Show work and submitFile UploadText EntryGoogle DocStudioDropboxGoogle DriveGoogle Drive (LTI 1.3)Office 36534°F Ma

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Answered: Risk Management: 80% of people who…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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A recent survey showed that 17% of community college students experienced at least some homelessness during their first year at a community college. Surveys also show that 80% of community college students need to take English their first year at a CC. Based on these surveys what is the probability of first year CC students experiencing at least some homeless during their first year and taking an English class? Show the formula, the math plug-ins, and answer.
We believe that 77% of the population of all Business Statistics students consider statistics to be an interesting topic. Suppose we randomly and independently select 24 students from the population. If the actual percentage is really 77%, find the probability of observing 23 or more students who find statistics to be an interesting topic. Round to six decimal places.
A poll showed that 68.5% of Americans say they believe that statistics teachers know the true meaning of life. What is the probability (in percent form) of randomly selecting someone who does not believe that statistics teachers know the true meaning of life.
The probability that Luis will pass his statistic test is 0.62. Find the probability that he will fail his statistic test.
In a blood testing procedure, blood samples from 6 people are combined into one mixture. The mixture will only test negative if all the individual samples are negative. If the probability that an individual sample tests positive is 0.08, what is the probability that the mixture will test positive? Give your answer as a percent rounded to the nearest tenth of a percent.
A place kicker in the NFL makes 78% of his field goals. If the outcomes are independent, what is the probability that he makes exactly 6 of the next 8 field goals? Round your answer to 4 decimal places
A poll showed that 43.3% of Americans say they believe that life exists elsewhere in the galaxy. What is the probability (in percent form) of randomly selecting someone who does not believe that life exists elsewhere in the galaxy. Probability = % (Please round your answer to one decimal place.)
A poll showed that 54.6% of Americans say they believe that statistics teachers know the true meaning of life. What is the probability (in percent form) of randomly selecting someone who does not believe that statistics teachers know the true meaning of life.
Approximately 2 percent of Americans ages 50-60 have lung cancer. A patient with lung cancer has a 91 percent chance of a positive test. A patient without lung cancer has a 8 percent chance of a positive test (a false positive result). Complete the table below, then answer the questions below the table. Give all answers as decimals to 4 decimal places. Positive test result Negative test result Total Has lung cancer Does not have lung cancer Total What is the probability a patient has lung cancer given that she just had a positive test? Give answer as decimals to 4 decimal places.
74.2% of people pass their driving test. Suppose you are trying to get your license. Find the probability you pass on the 3rd try.

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Risk Management: 80% of people who purchase pet insurance are women. If 9 pet insurance owners are randomly selected, find the probability that exactly 6 are women. Show work and submit File Upload Text Entry Google Doc Studio Dropbox Google Drive Office 365 Google Drive (LTI 1.3) 34