Basic Business Statistics, Student Value Edition (13th Edition)
Basic Business Statistics, Student Value Edition (13th Edition)
13th Edition
ISBN: 9780321946393
Author: Mark L. Berenson, David M. Levine, Kathryn A. Szabat
Publisher: PEARSON
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Chapter 7, Problem 9PS

In a random sample of 64 people, 48 are classified as “successful.�

a. Determine the sample proportion, p, of “successful� people.

b. If the population proportion is 0.70, determine the standard error of the proportion.

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onsider a random variable x that follows a uniform distribution, with a = 2 and b = 9. What is the probability that x is less than 6? P(x < 6) = 0.2857   P(x < 6) = 0.5714   P(x < 6) = 0.17142   P(x < 6) = 0.4286     What is the probability that x is between 4 and 6? P(4 ≤ x ≤ 6) = 0.2857   P(4 ≤ x ≤ 6) = 0.157135   P(4 ≤ x ≤ 6) = 0.0928525   P(4 ≤ x ≤ 6) = 0.11428
Consider a random variable x that follows a uniform distribution, with a = 8 and b = 14. What is the probability that x is less than 13? P(x < 13) = 0.1667   P(x < 13) = 0.41665   P(x < 13) = 0.24999   P(x < 13) = 0.8333     What is the probability that x is between 11 and 12? P(11 ≤ x ≤ 12) = 0.0541775   P(11 ≤ x ≤ 12) = 0.1667   P(11 ≤ x ≤ 12) = 0.06668   P(11 ≤ x ≤ 12) = 0.091685
please solve this problem step by step and make it quick please

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Basic Business Statistics, Student Value Edition (13th Edition)

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