Probability that first 3 you call are all owned by women

Assignment Help Basic Statistics

Reference no: EM131418536

Who's the boss? The 2000 Census revealed that 26% of all firms in the United States are owned by women. You call some firms doing business locally, assuming that the national percentage is true in your area.

a) What's the probability that the first 3 you call are all owned by women?

b) What's the probability that none of your first 4 calls finds a firm that is owned by a woman?

c) Suppose none of your first 5 calls found a firm owned by a woman. What's the probability that your next call does?

Reference no: EM131418536

Questions Cloud

Why ge and comcast would enter into such a transaction : Explain why GE and Comcast would enter into such a transaction, and describe how these exchanges would affect the balance sheet and statement of cash flows of GE.

Describe any ethical issues associated with your topic : Define the topic and explain its relevance to health informatics. Describe any ethical issues associated with your topic. Describe any associated laws, regulations, or voluntary standards that are relevant to the topic

Weighted application blanks to screen applicants : What are the advantages and disadvantages of using Weighted Application Blanks (W.A.B.s) to screen applicants? What are the advantages and disadvantages of using Biographical Application Blanks (B.I.Bs) to screen applicants? Would you recommend the u..

Discuss with your classmates your experience entering data : Discuss with your classmates your experience entering the data and advantages you can think of if the store would upgrade to an automated system using a sales database.

Probability that first 3 you call are all owned by women : What's the probability that the first 3 you call are all owned by women?- What's the probability that none of your first 4 calls finds a firm that is owned by a woman?

What is the probability that all 4 would get white shirts : Why was he so surprised? If each age group uses the same 4 colors, what's the probability that all four kids would get the same-color shirt?

Find net income for each period : How much revenue should Maple recognize in each of the four periods under the following three assumptions?

Discussion-collective bargaining : Preparation for collective bargaining involves four steps. Pick a step to discuss and describe what happens in this step. Which of the steps do you think is the most important and why? What would happen if you eliminated one of the steps? Why?Pres..

What were the sources of the political pressure : How did the political environment influence the decision to launch the space shuttle Columbia? Who was involved and who was not? What were the sources of the political pressure? Their points of view

User Account

All Pages