Seventy-six percent of small business owners do not have a college degree. If a random sample of 60 small business owners is selected, find the probability that exactly 48 will not have a college degree

Q: A person has a 30 percent chance of winning on a scratch-off lottery ticket. What is the probability…

A:

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A: n = 15 p = 0.61

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A: From the provided information,p = 0.61n = 5

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A:

Q: a. 27% students have passed their last year's degree examination. A random sample of 7 students is…

A: Given data ,PPass=27 %=0.27PFail=1-PPass=1-0.27=0.37If n=7P4≤x≤6=?

Q: According to Masterfoods, the company that manufactures M&M's, 12% of peanut M&M's are brown, 15%…

A: Hey there! Thank you for posting the question. Since your question has more than 3 parts, we are…

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A: Since you have posted a question with multiple sub-parts, we will solve first 3 sub-parts for you.…

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A:

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A: Multiplication Rule:Multiplication rule for two dependent events A, and B is given by:

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Q: Q3. Approximately 20% of cars have been recalled for a manufacturer's defects but have not repaired.…

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A: Given,

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Q: What is the probability that the sample proportion is greater than 0.61? b. What is the probability…

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Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.