User Account

All Pages

What is the expected number of applications

Assignment Help Basic Statistics
Reference no: EM131703175

Question: A graduating student keeps applying for jobs until she has three offers. The probability of getting an offer at any trial is 0.48.

a. What is the expected number of applications? What is the variance?

b. If she has enough time to complete only six applications, how confident can she be of getting three offers within the available time?

c. If she wants to be at least 95% confident of getting three offers, how many applications should she prepare?

d. Suppose she has time for at most six applications. For what minimum value of p can she still have 95% confidence of getting three offers within the available time?

Reference no: EM131703175

Questions Cloud

What is the probability that a person owns product b : When answering probability questions, write each question in function notation a. What is the probability that a person owns product B?
Differentiate between intentional and unintentional torts : How do you differentiate between intentional and unintentional torts (explain reasoning). Provide at least one example of an unintentional
Create an argument supporting the value of forecasting : Create an argument supporting the value of forecasting to an organization. Evaluate the current trend of companies restating financial statements.
Briefly describe each variable contents to illustrate : briefly describe each variable’s contents to illustrate and demonstrate that the variable would in fact be measured with the identified scale.
What is the expected number of applications : A graduating student keeps applying for jobs until she has three offers. The probability of getting an offer at any trial is 0.48.
Discuss compact units called scenes made up of action : And they do so in compact units called "scenes" made up of action, mannerisms, and dialogue. So who would be your characters
What is the probability that a person can stop : For a car travelling at 30 miles per hour, the mean stopping distance is 50 feet with a standard deviation is 8 feet, with the stopping distances
What is the probability that three changed for pay reasons : An article published in BusinessWeek says that according to a survey by a leading organization 45% of managers change jobs for intellectual challenge.
Probability that a majority are made sick by their workplace : Estimates published by the World Health Organization state that one out of every three workers may be toiling away in workplaces that make them sick.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Use the binomial distribution to calculate the probability

every day for 100 days 72 samples were taken of fuses rated at 6a and measures the current that they burn out. a

  Comparison of two variables using standard deviation

What is the standard deviation of expected returns for Stock X? For Stock Y?

  A food processor specifies the mean weight of a product as

a food processor specifies the mean weight of a product as 200 g. a random sample of 20 has a mean of 195 g and a

  Difference in proportions with a margin of error

How many men and women are needed to generate a 95% confidence interval estimate for the difference in proportions with a margin of error not exceeding 4%?

  Multivariate techniques

Provide at least 1 example of how a real company has used each of the following multivariate techniques: factor analysis, multi-dimensional scaling, and cluster analysis.

  Test statisitic and p-value when standard deviation equal

The Duracells had an average lifetime of 18.67 hours (SD = 1.176 hours) while the Energizer batteries had an average lifetime of 16.83 hours (SD = 2.878 hours). Assuming the population standard deviations to be equal, what is the test statisitic a..

  Suppose a point xy is chosen at random from the disk x2 y2

suppose a point xy is chosen at random from the disk x2 y2 is less than and equal to 1. find the a marginal density of

  Review problem related to the lost luggage

Lost luggage. A Department of Transportation report about air travel found that airlines misplace about 5 bags per 1000 passengers.

  How to summarize outstanding balance on each account

Identify all the averages (mean, median, or mode) that can be used to summarize the outstanding balance on each account.

  White-black roommate pairs

If the pairing is done at random, what is the probability that there are no white-black roommate pairs?

  Using symbols state the hypotheses h0 and h1 for a

last fall a sample of n 30 freshman was selected to participate in a new 4-hour training program designed to improve

  The formula for a regression equation based on a sample

the formula for a regression equation based on a sample size of 25 observations is y2x9a what would be the predicted

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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