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Author Question: If x is a binomial random variable, calculate 2 for n = 40 and p = 0.3 . A) 3.6 B) 12 C) 8.4 D) ... (Read 65 times)

bobthebuilder

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If x is a binomial random variable, calculate 2 for n = 40 and p = 0.3 .
 
  A) 3.6 B) 12 C) 8.4 D) 2.898

Question 2

A local newspaper claims that 70 of the items advertised in its classifieds section are
  sold within 1 week of the first appearance of the ad.
 
  To check the validity of the claim,
  the newspaper randomly selected n = 25 advertisements from last year's classifieds and
  contacted the people who placed the ads. They found that 16 of the 25 items sold within
  a week. Based on the newspaper's claim, is it likely to observe x  16 who sold their item
  within a week? Use a binomial probability table.



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daiying98

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Answer to Question 1

C

Answer to Question 2

Let x = the number of the 25 ads that resulted in the item being sold within a week.
Then X is a binomial random variable with n = 25 and p = 0.70.
P(x




bobthebuilder

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


31809pancho

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Reply 3 on: Yesterday
Wow, this really help

 

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