Essentials of Statistics for Business and Economics (with XLSTAT Printed Access Card)
Essentials of Statistics for Business and Economics (with XLSTAT Printed Access Card)
8th Edition
ISBN: 9781337114172
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: Cengage Learning
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Chapter 6.3, Problem 29E

a.

To determine

Find the probability that at least 8 believe that texting while driving should be outlawed by using the binomial distribution

b.

To determine

Find the probability that at least 95 believe that texting while driving should be outlawed when n=100 by using normal approximation of the binomial distribution.

c.

To determine

Explain the advantage of using the normal approximation of the binomial distribution to compute probabilities when the number of trials in a binomial distribution application becomes large.

d.

To determine

Check whether the developers of statistical software packages prefer to use the binomial distribution probability function shown in Section 5.5 or the normal approximation of the binomial distribution discussed in Section 6.3 when the number of trials for a binominal distribution application becomes large.

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Chapter 6 Solutions

Essentials of Statistics for Business and Economics (with XLSTAT Printed Access Card)

Ch. 6.2 - Given that z is a standard normal random variable,...Ch. 6.2 - Given that z is a standard normal random variable,...Ch. 6.2 - 13. Given that z is a standard normal random...Ch. 6.2 - Given that z is a standard normal random variable,...Ch. 6.2 - Given that z is a standard normal random variable,...Ch. 6.2 - Given that z is a standard normal random variable,...Ch. 6.2 - 17. The mean cost of domestic airfares in the...Ch. 6.2 - The average return for large-cap domestic stock...Ch. 6.2 - Automobile Repair Costs. Automobile repair costs...Ch. 6.2 - Gasoline Prices. Suppose that the average price...Ch. 6.2 - Mensa Membership. A person must score in the upper...Ch. 6.2 - Television Viewing. Suppose that the mean daily...Ch. 6.2 - Time to Complete Final Exam. The time needed to...Ch. 6.2 - Labor Day Travel Costs. The American Automobile...Ch. 6.2 - 25. New York City is the most expensive city in...Ch. 6.3 - A binomial probability distribution has p=.20 and...Ch. 6.3 - Assume a binomial probability distribution has p =...Ch. 6.3 - Prob. 28ECh. 6.3 - Prob. 29ECh. 6.3 - 30. Playing video and computer games is very...Ch. 6.3 - Prob. 31ECh. 6.4 - Consider the following exponential probability...Ch. 6.4 - 33. Consider the following exponential probability...Ch. 6.4 - 34. Battery life between charges for the Motorola...Ch. 6.4 - 35. The time between arrivals of vehicles at a...Ch. 6.4 - Prob. 36ECh. 6.4 - Prob. 37ECh. 6.4 - 38. The Boston Fire Department receives 911 calls...Ch. 6 - 39. A business executive, transferred from Chicago...Ch. 6 - NCAA Scholarships. The NCAA estimates that the...Ch. 6 - Production Defects. Motorola used the normal...Ch. 6 - 42. During early 2012, economic hardship was...Ch. 6 - 43. The port of South Louisiana, located along 54...Ch. 6 - Service Contract Offer. Ward Doering Auto Sales is...Ch. 6 - The XO Group Inc. conducted a survey of 13,000...Ch. 6 - College Admissions Test Scores. Assume that the...Ch. 6 - 47. According to the National Association of...Ch. 6 - 48. A machine fills containers with a particular...Ch. 6 - Prob. 49SECh. 6 - Playing Blackjack. A blackjack player at a Las...Ch. 6 - Mean Time Between Failures. The mean time between...Ch. 6 - Prob. 52SECh. 6 - Do you dislike waiting in line? Supermarket chain...Ch. 6 - Prob. 54SE
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