Loose Leaf for Statistical Techniques in Business and Economics
Loose Leaf for Statistical Techniques in Business and Economics
17th Edition
ISBN: 9781260152647
Author: Douglas A. Lind
Publisher: McGraw-Hill Education
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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

Loose Leaf for Statistical Techniques in Business and Economics

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