+1-415-670-9189
info@expertsmind.com
Find probability that firm will break previous export record
Course:- Basic Statistics
Reference No.:- EM13149060





Assignment Help >> Basic Statistics

From past records about 40% of a firm's orders are for export. their records for export shows 48%in one particular financial quarter. if they expect to satisfy about 80 orders in the next financial quarter, what is the probability that they will break their previous export record?




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Basic Statistics) Materials
A bank manager has developed a new system to reduce the time customers spend waiting for teller service during peak hours. The manager hopes that the new system will reduce
Graph these data to see whether a linear equation might describe the relationship between the group's television shows and guitar sales and use the least-squares regression
Test the hypothesis that the annual incomes of corporate trainers in areas of more than 500,000 are significantly more than those in areas of less than 100,000.
In 1997, 39.4% of men had made orders by phone in the last 12 months a market research analyst feels that this percentage has declined because of internet purchases. she obtai
a. How many deaths were observed in this sample of patients? b. Use the product-limit method to estimate the survival function S(t). c. What is S(1), the estimated probability
Find the line of best fit and graph it on the scatterplot. State the equation of the line - State the slope of the line of best fit. Carefully interpret the meaning of the slo
What are independent samples? What is a pooled estimate of variance and why do you need to calculate it? When do you use a dependent versus an independent sample t test?
A bar chart to illustrate the differences. What type of statistics was shown? What activities did the newspaper use to make the report?