User Account

All Pages

What is the probability that 3 people will have serious

Assignment Help Basic Statistics
Reference no: EM132844917

A pharmaceutical company states that the average number of people that have serious medical issues with their medicine is only 2 people per year. The medicine is sold to millions of people.

a) What is the probability that 3 or more people will have serious medical issues with their medicine? Give answer to 3 decimal places.

b) What is the probability that fewer than 3 people will have serious medical issues with their medicine? Give answer to 3 decimal places.

c) What is the probability that 3 people will have serious medical issues with their medicine? Give answer to 3 decimal places.

Reference no: EM132844917

Questions Cloud

Describe the rights and advantages belonging to shareholders : Explain the differences between the Standard and Poor's 500 Index and the Dow Jones Industrial Average. Which is a better measure of stock market performance?
Difference between the population means for the two groups : Compute a 95% confidence interval for the difference between the population means for the two groups using the t-distribution. What is the lower limit?
How does innovation impact value-based healthcare : What would you create, and why? What problem does this innovation solve? How does this innovation impact value-based healthcare?
What were dollar return and percent return last year : Conglomco stock ended last year at $77.24. If you owned 200 shares of Conglomco stock, what were your dollar return and percent return last year?
What is the probability that 3 people will have serious : What is the probability that 3 people will have serious medical issues with their medicine? Give answer to 3 decimal places.
Prepare the required adjusting journal entry at December : Manning, Co. collected 6-months' rent in advance from a tenant on November 1 of the current year. Prepare the required adjusting entry at December
Calculate the coefficient of variation for the three stocks : If your portfolio is made up of 40 percent Conglomco stock, 30 percent Supercorp stock, and 30 percent Megaorg stock, what is your portfolio return?
Review the suggested learning activities : Answer the following questions and review the suggested learning activities. Send me your answers here. A client has been admitted to a mental health unit.
What is the probability that a part from this factory : The first machine produces defective products 5% of the time and the second machine 2% of the time.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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