7.17 The goal of corporate sustainability is to manage the environ-mental, economic, and social effects of a corporation's operationsso it is profitable over the long-term while acting in a responsiblemanner to society. An international study by Unilever reveals that33% of consumers are choosing to buy from brands they believe aredoing social or environmental good. Suppose you select a sample of 100 consumers.a. What is the probability that in the samnple fewer than 30% arechoosing to buy from brands they believe are doing social orenvironmental good?b. What is the probability that in the sample between 28% and38% are choosing to buy from brands they believe are doingsocial or environmental good?c. What is the probability that in the sample more than 38% arechoosing to buy from brands they believe are doing social orenvironmental good?d. If a sample of 400 is taken, how does this change your answersto (a) through (c)?

Note: Thank you for the question. Since multiple subparts are posted, according to our policy, we…

Suppose you select a sample of 100 consumers. a. What is the probability that in the sample fewer than 30% are choosing to buy from brands they believe are doing social or environmental good? b. What is the probability that in the sample between 28% and 38% are choosing to buy from brands they believe are doing social or environmental good? c. What is the probability that in the sample more than 38% are choosing to buy from brands they believe are doing social or environmental good? d. If a sample of 400 is taken, how does this change your answers to (a) through (c)?

Suppose you select a sample of 100 consumers. a. What is the probability that in the sample fewer than 30% are choosing to buy from brands they believe are doing social or environmental good? b. What is the probability that in the sample between 28% and 38% are choosing to buy from brands they believe are doing social or environmental good? c. What is the probability that in the sample more than 38% are choosing to buy from brands they believe are doing social or environmental good? d. If a sample of 400 is taken, how does this change your answers to (a) through (c)?

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Q: 4. Answer the following questions about probabilities. a. Can the number 0.12 be the probability of…

A: a. Can the number 0.12 be the probability of an event? Explain.Yes, the number 0.12 can be the…

Q: 37. Assume that 10% of subjects treated with a certain drug experienced the adverse reaction of…

A: Obtain the probability that among 250 randomly selected subjects treated with the drug, exactly 22…

Q: A weather forecasting website indicated that there was a 55% chance of rain in a certain region.…

A: A weather forecasting website indicated that there was a 55% chance of rain in a certain region.

Q: You are randomly selecting a sample of 15 participants for your research. The probability of…

Q: 3. A survey of consumers in a town showed that 10% were dissatisfied with plumbing jobs in their…

Q: 4. Sampling Probability Assume that 53% of Americans believe that the pandemic will end by…

A: Note: As per the instructions, solving first three subparts. Kindly repost the remaining questions…

Q: A recent survey found that 63% of college students attend more than one institution during their…

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

Q: 6) The sensitivity of a medical test is defined as the probability that the test will be positive,…

A: Let , C = women has breast cancer C¯ = women does not have breast cancer P = Test positive N =…

Q: A bank determines that 10% of all borrowers default loans. Answer the following questions, when, in…

A: Givenp=0.10sample size(n)=15Let "x" be the no.of loans are…

Q: A survey sponsored by the Vision Council shows that 79% of adults need correction for their…

A: The type of distribution is used in this problem is binomial distribution Reason: There are two…

Q: In a poll conducted on February 3 through 18 in 2021 41% of the United States was found to be…

A: From the provided information,41% of the United States was found to be Independent in political…

Q: About 14% of all drivers in accidents have a serious injury. Of those who have a serious injury, 58%…

A: Given information: P(Serious injury)=0.14 P(No serious injury)=1-0.14=0.86 PWearing seatbeltSerious…

Q: An experiment tested a tree fertilizer on a large number of elm and oak trees to see whether it…

A: Given that Positive Negative Total Oak 73 45 118 Elm 102 27 129 Total 175 72 247

Q: An official from the securities commission estimates that 90% of all online bankers have profited…

A: The distinction between these two distributions is that the binomial probability is the sum of the…

Q: Find the probability that the person preferred cake batter ice cream. 2. Find the probability that…

A: The data shows that ice cream preferences of adults and children.

Q: A politician running for Senate in California claims that only 34% of CaliforhlanS dp her competitor…

A: From the given information, n=50 p=0.34

Q: Ashland, OR 26,000 .649 .222 .083 You randomly choose one attendee to speak with about his or her…

A: We have given that the probability distribution table of voters attending a political view.

Q: Use the following results from a test for marijuana use. Among 153 subjects with positive test…

A: a. It is given that among 153 subjects with positive test results, there are 23 false positive (FP)…

Q: A random sample is one in which the A. probability that an item is selected for the sample is the…

A: Random Sample A sample is said to be a random sample if the items of the sample space are selected…

Q: A recent survey found that 61% of college students attend more than one institution during their…

A: 61% of college students attend more than one institution during their college career.Sample size…

Q: An airline claims at the Average number of years of experience of its pilots is 18.3 years. In a…

Q: Which of the following statements is true about a random variable? Explain your reasoning. a. A…

A: Given problem Given that Which of the following statements is true about a random variable ?…

Concept explainers

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.

Question

100%

7.17 The goal of corporate sustainability is to manage the environ-
mental, economic, and social effects of a corporation's operations
so it is profitable over the long-term while acting in a responsible
manner to society. An international study by Unilever reveals that
33% of consumers are choosing to buy from brands they believe are
doing social or environmental good.

Suppose you select a sample of 100 consumers.
a. What is the probability that in the samnple fewer than 30% are
choosing to buy from brands they believe are doing social or
environmental good?
b. What is the probability that in the sample between 28% and
38% are choosing to buy from brands they believe are doing
social or environmental good?
c. What is the probability that in the sample more than 38% are
choosing to buy from brands they believe are doing social or
environmental good?
d. If a sample of 400 is taken, how does this change your answers
to (a) through (c)?

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

Step 2

Step 3

Step 4

Step 5

Trending now

This is a popular solution!

Step by step

Solved in 5 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Point Estimation, Limit Theorems, Approximations, and Bounds$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.

Similar questions

According to a recent poll about 33% of American adults are planning to dress up for Halloween this year. 250 American adults were asked "Are you planning to dress up for Halloween this year?. The number of surveyed people that responded “Yes” is recorded. The random variable X is ....what? The number of trials n is ....what? The probability of success is ...what %. The probability of failure is ...what %
70% of fishing boats that disappear while at sea are eventually found by rescue missions. 64% of the boats that are found have an emergency GPS locator, whereas 30% of the boats that are not found have a similar locator. a. What is the probability that a lost boat has a GPS locator and will not be found by rescue missions? b. What is the probability that the next boat to disappear will have a locator on board? c. If a boat that disappeared does not have an emergency locator, what is the probability that it will not be found by rescue missions? Answer in exact fraction, or rounded to at least 4 decimal places
An increasing number of consumers believe they have to look out for themselves in the marketplace. According to a survey conducted by the Yankelovich Partners for USA Weekend magazine, 60% of all consumers have called an information line for a product. Suppose a random sample of 25 consumers is contacted and interviewed about their buying habits. a. What is the probability that 15 or more of these consumers have called an information line for a product? b. What is the probability that more than 20 of these consumers have called an information line for a product? c. What is the probability that fewer than 10 of these consumers have called an information line for a product?
Organ Donors USA Today provided information about a survey of 5100 adult Internet users. Of the respondents, 2346 said they are willing to donate organs after death. In this survey conducted for Donate Life America, 100 adults were surveyed in each state and the District of Columbia, and results were weighted to account for the different state population sizes. a. What percentage of respondents said that they are willing to donate organs after death? b. Based on the poll results, what is the probability of randomly selecting an adult who is willing to donate organs after death? c. What term is used to describe the sampling method of randomly selecting 100 adults from each state and the District of Columbia?
The WKU Herald reported that many students are unhappy with the cancellation of Spring Break. A sample of of 66 WKU students' opinion on the cancellation of Spring Break was collected. If 12% of all young people feel that WKU should have cancelled Spring Break, what is the probability that the proportion of those in the sample who feel that WKU should have cancelled Spring Break will be less than.1768? O a. 9222 O b. .4222 C. .0568 O d. .0778
Use the following results from a test for marijuana use. Among 144 subjects with positive test results, there are 21 false positive results. Among 139 negative test results, there are 4 false negative results. a. How many subjects are included in the study? b. How many of the subjects had a true negative result? c. What is the probability that a randomly selected test subject had a true negative result?
The class I'm taking is statistics! I am completely stuck. Need help. I have attached the problem. Please view attachment before answering. Thank you!
An auditor for Health Maintenance Services of Georgia reports 40 percent of policyholders 55 years or older submit a claim during the year. Twenty policyholders are randomly selected for company records. (Binomial Dist.) a. How many of the policyholders would you expect to have filed a claim within the last year? ie. The mean value. b. What is the probability that 10 of the selected policyholders submitted a claim last year? c. What is the probability that 10 or more of the selected policyholders submitted a claim last year?
The percentage of mechanical-, civil-, aeronautical-, industrial-, and chemical-engineer- ing students in the course, Engineering Mathematics, is, respectively, 25, 20, 15, 22, and 18. The probability of a mechanical-, civil-, aeronautical-, industrial-, and chemical-en- gineering students getting the grade A is 0.7, 0.6, 0.8, 0.5, and 0.65, respectively. If a student chosen at random at the end of the semester earned an A in the course, find the probability of the student belonging to mechanical engineering.
A recent survey by a market research company found that 56% of all US households have internet access. Answer the following as decimals rounded to three places. a. If five households are chosen at random, what is the probability that all five have internet access? Preview b. What is the probability that none of the five have internet access? Preview c. If five households are chosen, what is the probability that at least one household has internet access? Preview
A poker hand consists of five cards randomly dealt from a standard deck of 52 cards. The order of the cards does not matter. Determine the following probabilities for a 5-card poker hand. Write your answers in percent form, rounded to 4 decimal places. Determine the probability that exactly 3 of these cards are Aces. Answer: Determine the probability that all five of these cards are Spades. Answer: Determine the probability that exactly 3 of these cards are face cards. Answer: Determine the probability of selecting exactly 2 Aces and exactly 2 Kings Answer: Determine the probability of selecting exactly 1 Jack. Answer: B
Read the following prompt and complete 1.a, 1.b, 1.c