Probability that at least 8 of students will able to stay

Assignment Help Basic Statistics
Reference no: EM131404104

It has been estimated that one in five Americans suffers from allergies. The president of Hargrove University plans to randomly select 10 students from the undergraduate population of 1400 to attend a dinner at his home.

Assuming that Hargrove students are typical in terms of susceptibility to allergies and that the college president's home happens to contain just about every common allergen to which afflicted persons react, what is the probability that at least 8 of the students will be able to stay for the duration of the dinner event?

Reference no: EM131404104

Questions Cloud

What is officequips expected profit in businessprocurement : Exactly two of the contracts? Exactly three of the contracts? All four contracts? Overall, what is OfficeQuip's expected profit in this businessprocurement venture?
Identify steps companies can employ to modify ineffective : Training is a fundamental component to any organization. Organizations spend thousands of dollars each year to train and develop employees. Many of the programs do not produce the desired result of increased productivity.Using the Argosy Universi..
Probability that the company vehicle will have a breakdown : What is the probability that the company vehicle will have a breakdown due to defective wheel bearings before it completes tomorrow's 200-mile delivery route?
Prepare a report on the case : Prepare a report on the case- Identify the main problem that needs to be addressed by the management team. Make use of relevant theoretical concepts from the course for defining the problem
Probability that at least 8 of students will able to stay : It has been estimated that one in five Americans suffers from allergies.- what is the probability that at least 8 of the students will be able to stay for the duration of the dinner event?
What opportunities are there for an arbitrageur : The stock price is $64, the strike price is $60, and a dividend of $0.80 is expected in one month. The risk-free interest rate is 12% per annum for all maturities. What opportunities are there for an arbitrageur?
Create job description and specifications for your dream job : Create a job description and specifications for your dream job.Design a compensation and benefits package related to your dream job.Rationalize your compensation and benefits package. Be sure to indicate the research and considerations that went in..
What is the initial margin requirement : A United States investor writes five naked call option contracts. The option price. is $3.50, the strike price is $60.00, and the stock price is $57.00. What is the initial margin requirement?
Could the companys experience be considered as very unusual : Besco sales personnel made a total of 220 nonstop flights last year, and they experienced a total of four bumpings. Could the company's experience be considered as very unusual?

Reviews

Write a Review

Basic Statistics Questions & Answers

  The population standard deviation is unknown

1.For a sample size of 100 determine the crtitical value for a two-tail hypothesis test at a 5% level of significance when the population standard deviation is unknown

  Satisfies the given property

Prove that every complete, irreflexive, and transitive relation is asymmetric: if- Prove that the Gale-Shapley algorithm for finding a stable matching satisfies the given property.

  Number of students who graduate college

Number of students who graduate College every year is Normal Distribution with mean = 400 and standard deviation 50. Find probability that this year between 300 and 500 students will graduate College.

  Correlation the most appropriate statistic

A study wants to examine the relationship between student anxiety for an exam and the number of hours studied. The data is as follows:

  Determine each of the following from the output

Determine each of the following from the output:

  What is meant by a skewed distribution

the probability that a small business will go bankrupt in its first year is 0.21. For 50 such small business, find the following probabilities by using either the binomial probability formula or by using the normal approximation.

  How many nickels does coin counter manufacturer need weigh

How many nickels does a coin counter manufacturer need to weigh so that she can be 98% confident that her sample mean is within 25 milligrams.

  Anova-mutual fund performance

Mutual funds are classified as large-cap funds, medium cap funds, or small-cap funds, depending ont eh capitalizaiton of the companies in the fund.

  Maximum likelihood factor analysis using the correlation

(a) Carry out a maximum likelihood factor analysis using the correlation matrix of Table 6.17. How many common factors are retained using (i) likelihood ratio chi-squared test, (ii) Akaike's criterion, and (iii) Schwartz's criterion. What ..

  Suppose the sum of the resulting sample ranges

Subgroups of power supply units are selected once each hour from an assembly line, and the high-voltage output of each unit is determined.

  Determine the mean and standard deviation

A group of students collected data at the Cedar Point amusement park and reported that the "wait time" to ride the "Top Thrill Dragster" roller coaster is consistently distributed within a range of 40 minutes to 90 minutes.

  Confidence interval for the mean price

Using the sample data, what is the margin of error associated with a 95% confidence interval? Develop a 95% confidence interval for the mean price charged by discount brokers for a trade of 100 shares at $50 per share.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd