a.
Theprobability that exactly eight of the 12 visit an auction site in past month.
a.
Answer to Problem 19.63SE
The approximate
0.1208.
Explanation of Solution
Given info:
In the age group 18 to 34, 50% of male internet users visit an auction site at least once a month. An interview done with 12 male internet users, out of those exactly eight visit the auction site in past month.
Calculation:
Convert the probability into decimal form,
The formula to calculate probability that exactly 8 out of 12 students visit an auction site is,
Where n is number of units.
Simplify the above formula.
Substitute 8 for k, 12 for n and 0.5 for p in above formula.
Further simplify to find probability.
Thus, the approximate probability that exactly 8 out of 12 students visit an auction site is
0.1208.
b.
To find: The probability that at least 235 men in the sample visit online auction site at least once a month.
b.
Answer to Problem 19.63SE
The probability that at least 235 men in the sample visit online auction site at least once a month is 0.9099.
Explanation of Solution
Given info:
In the age group 18 to 34, 50% of male internet users visit an auction site at least once a month. An interview done with 500 male internet users aged 18 to 34.
Calculation:
Convert the probability into decimal form,
Use normal approximation equation to check that normal approximation is appropriate.
Substitute 500 for n and 0.5 for p in above formula.
So, the normal approximation is correct.
Suppose,
The required probability is calculated as:
Further solve the above expression.
Thus, the probability that at least 235 men in the sample visit online auction site at least once a month is 0.9099.
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Chapter 19 Solutions
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