Business Statistics: A First Course (8th Edition)
Business Statistics: A First Course (8th Edition)
8th Edition
ISBN: 9780135177785
Author: David M. Levine, Kathryn A. Szabat, David F. Stephan
Publisher: PEARSON
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Chapter 1, Problem 1.8AC

a.

To determine

To find: To find each variable as categorical or numerical.

b.

To determine

To explain: To explain whether the variable as categorical or numerical

c.

To determine

To explain: To explain whether the variable is continuous or discrete.

d.

To determine

To explain: To explain whether the variable as categorical or numerical

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In a town with 5000 adults, a sample of 50 is selected using SRSWOR and asked their opinion of a proposed municipal project; 30 are found to favor it and 20 oppose it. If, in fact, the adults of the town were equally divided on the proposal, what would be the probability of observing what has been observed? Approximate using the Binomial distribution. Compare this with the exact probability which is 0.0418.
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