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A corporation is considering a new issue of convertible bonds. Management believes that the offer terms will be found attractive by 20% of all its current stockholders. Suppose that this belief is correct. A random sample of 144 current stockholders is taken
a. If random sample of 144 current stockholders is taken, what is the probability that more than 15% of them will find offer teams attractive?
b. If random sample of 100 current stockholders is taken, what is the probability that less than 24% of them will find offer teams attractive?
c. If random sample of 81 current stockholders is taken, what is the probability that less than 74% of them will not find offer teams attractive?
d. If random sample of 100 current stockholders is taken, what is the probability that more than 60% of them will not find offer teams attractive?
e. If random sample of 121 current stockholders is taken, what is the probability that 23% to 26% of these stockholders will find offer teams attractive?
What is the maximum amount of money the company could spend to get more information about the market share?
suppose instead the data from problem 1 and 4 were taken on the same process thus the data are no longer independent.
a survey of an urban university population of 25450 showed that 750 of 1100 students sampled attended a home football
Suppose that an IQ test was given to a large group of persons, the scores are assumed to be from a normally distributed population, that mean = 100 and s (standard deviation) = 15.
a trucking firm delivers appliances for a large retail operation. the packages or crates have a mean weight of 294 lb.
Which of these variables are discrete and which are continuous random variables?
Determine the probability that none of the calculators will be defective?
the following data on sale price size and land-to-building ratio for 10 large industrial properties appeared in a
for each of the following situations indicate whether anova is appropriate if not appropriate the reason why not and if
Camera batteries has a standard deviation of 2.1 months. Assume the variance is normally distributed. Do you fell that the lifetimes of the batteries are relatively consistent?
The probability that a given alternator will fail on a 1-hour flight is .02. What is the probability that (a) both will fail? (d) Neither will fail? (c) One or the other will fail? Show all steps carefully.
Identify and briefly describe an important process in your workplace, including selection of one key quantitative variable, that you (and others in your organization) consider an important metric for how well the process is functioning.
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