Gen Combo Ll Statistical Techniques In Business And Economics; Connect Ac
Gen Combo Ll Statistical Techniques In Business And Economics; Connect Ac
17th Edition
ISBN: 9781260149623
Author: Lind
Publisher: MCG
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Chapter 6, Problem 21E

FILE In a recent study, 90% of the homes in the United States were found to have large-screen TVs. In a sample of nine homes, what is the probability that:

  1. a. All nine have large-screen TVs?
  2. b. Less than five have large-screen TVs?
  3. c. More than five have large-screen TVs?
  4. d. At least seven homes have large-screen TVs?

a.

Expert Solution
Check Mark
To determine

Compute the probability that all nine have large-screen TVs.

Answer to Problem 21E

The probability that all nine have large-screen TVs is 0.3874.

Explanation of Solution

The formula to find the binomial probability is as follows:

P(X)=Cnxπx(1π)(nx)where, C is the combination.n is the number of trials.X is the random variable.π is the probability of success.

Here, n=9; π=0.90.

The probability that all nine have large-screen TVs is calculated as follows:

P(9)=C99(0.90)9(10.90)(99)=9!9!(99)!×0.909×0.100=1×0.3874×1=0.3874

Therefore, the probability that all nine have large-screen TVs is 0.3874.

b.

Expert Solution
Check Mark
To determine

Compute the probability that less than five have large-screen TVs.

Answer to Problem 21E

The probability that less than five have large-screen TVs is 0.0009.

Explanation of Solution

The probability that less than five have large-screen TVs is calculated as follows:

P(x<5)=P(x=0)+P(x=1)+P(x=2)+P(x=3)+P(x=4)={[C90(0.90)0(10.90)(90)]+[C91(0.90)1(10.90)(91)]+[C92(0.90)2(10.90)(92)]+[C93(0.90)3(10.90)(93)]+[C94(0.90)4(10.90)(94)]}={(9!0!(90)!×0.900×0.109)+(9!1!(91)!×0.901×0.108)+(9!2!(92)!×0.902×0.107)+(9!3!(93)!×0.903×0.106)+(9!4!(94)!×0.904×0.105)}=1×0.3874×1=0.0000+0.0000+0.0000+0.0001+0.0008=0.0009

Therefore, the probability that less than five have large-screen TVs is 0.0009.

c.

Expert Solution
Check Mark
To determine

Calculate the probability that more than five have large-screen TVs.

Answer to Problem 21E

The probability that more than five have large-screen TVs is 0.0083.

Explanation of Solution

The probability that more than five have large-screen TVs is calculated as follows:

P(x>5)=1[P(x=5)+P(x<5)]=1[(9!5!(95)!×0.905×0.104)+0.0009][from Part (b), P(x<5)=0.0009]=10.0074+0.0009=0.0083

Therefore, the probability that more than five have large-screen TVs is 0.0083.

d.

Expert Solution
Check Mark
To determine

Calculate the probability that at least seven homes have large-screen TVs.

Answer to Problem 21E

The probability that at least seven homes have large-screen TVs is 0.947.

Explanation of Solution

The probability that at least seven homes have large-screen TVs is calculated as follows:

P(x7)=P(x=7)+P(x=8)+P(x=9)={[C97(0.90)7(10.90)(97)]+[C98(0.90)8(10.90)(98)]+[C99(0.90)9(10.90)(99)]}=[(9!7!(97)!×0.907×0.102)+(9!8!(98)!×0.908×0.101)+(9!9!(99)!×0.909×0.100)]=0.1722+0.3874+0.3874=0.947

Therefore, the probability that at least seven homes have large-screen TVs is 0.947.

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Chapter 6 Solutions

Gen Combo Ll Statistical Techniques In Business And Economics; Connect Ac

Ch. 6 - Ninety-five percent of the employees at the J. M....Ch. 6 - In a binomial situation, n = 4 and = .25....Ch. 6 - In a binomial situation, n = 5 and = .40....Ch. 6 - Prob. 11ECh. 6 - Assume a binomial distribution where n = 5 and =...Ch. 6 - An American Society of Investors survey found 30%...Ch. 6 - Prob. 14ECh. 6 - Prob. 15ECh. 6 - FILE A telemarketer makes six phone calls per hour...Ch. 6 - FILE A recent survey by the American Accounting...Ch. 6 - Prob. 18ECh. 6 - Prob. 4SRCh. 6 - Prob. 19ECh. 6 - In a binomial distribution, n = 12 and = .60....Ch. 6 - FILE In a recent study, 90% of the homes in the...Ch. 6 - FILE A manufacturer of window frames knows from...Ch. 6 - Prob. 23ECh. 6 - Prob. 24ECh. 6 - Prob. 5SRCh. 6 - Prob. 25ECh. 6 - A population consists of 15 items, 10 of which are...Ch. 6 - Prob. 27ECh. 6 - Prob. 28ECh. 6 - Prob. 29ECh. 6 - Prob. 30ECh. 6 - Prob. 6SRCh. 6 - Prob. 31ECh. 6 - Prob. 32ECh. 6 - Prob. 33ECh. 6 - Automobiles arrive at the Elkhart exit of the...Ch. 6 - It is estimated that 0.5% of the callers to the...Ch. 6 - Prob. 36ECh. 6 - Prob. 37CECh. 6 - For each of the following indicate whether the...Ch. 6 - Prob. 39CECh. 6 - Prob. 40CECh. 6 - Prob. 41CECh. 6 - The payouts for the Powerball lottery and their...Ch. 6 - In a recent study, 35% of people surveyed...Ch. 6 - Prob. 44CECh. 6 - An auditor for Health Maintenance Services of...Ch. 6 - Prob. 46CECh. 6 - Prob. 47CECh. 6 - The Bank of Hawaii reports that 7% of its credit...Ch. 6 - Prob. 49CECh. 6 - Prob. 50CECh. 6 - Prob. 51CECh. 6 - Prob. 52CECh. 6 - Prob. 53CECh. 6 - Prob. 54CECh. 6 - Prob. 55CECh. 6 - Prob. 56CECh. 6 - Prob. 57CECh. 6 - Prob. 58CECh. 6 - Prob. 59CECh. 6 - Prob. 60CECh. 6 - Prob. 61CECh. 6 - Prob. 62CECh. 6 - Prob. 63CECh. 6 - Prob. 64CECh. 6 - The National Aeronautics and Space Administration...Ch. 6 - Prob. 66CECh. 6 - Prob. 67CECh. 6 - Prob. 68CECh. 6 - A recent CBS News survey reported that 67% of...Ch. 6 - Prob. 70DACh. 6 - Prob. 71DA
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