(Answered) 34 of adults say cashews are their favorite kind of nut you

Economics

34% of adults say cashews are their favorite kind of nut. You randomly select 12 adults and ask each to name his or her favorite nut. Find the probability that the number who say cashews are their favorite nut is? (a) exactly? three, (b) at least? four, and? (c) at most two.

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M92771211
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Economics

The diameter of ping pong balls manufactured at a large

The diameter of Ping Pong balls manufactured at a large factory are approximately normally distributed with a mean diameter of 1.30 inches and a standard deviation of .04 inches. Use Excel to calculate the probability of ...

Per capita income of winterfell is 15000 with a growth rate

Per capita income of Winterfell is $15,000 with a growth rate of 4%. Per capita income of King's Landing is $25,000 with a growth rate of 0%. How long until per capita income is the same in both locations?

People were polled on how many books they read the previous

People were polled on how many books they read the previous year. How many subjects are needed to estimate the number of books read the previous year within one book with 99% confidence? Initial survey results indicate t ...

A particular normally distributed population has a mean of

A particular normally distributed population has a mean of 40 and a standard deviation of 6. For each sample below, use a z test and indicate if it shows a significant result (α = .05, onetailed): (a) sample of N = 10 wi ...

Suppose that the forward rate f at 6 months between and

Suppose that the forward rate F at 6 months between $ and Euro is Euro = $1.2 The interest rate at six months in the Euro Area and in the USA is i Euro =3% i USA=2% What is the spot exchange rate? [x] a.Euro = $1.21 b.Eu ...

Carefully explain how the price elasticity of demand affect

Carefully explain how the price elasticity of demand affect the revenue or profit of an organization?

How can governance failures such as that of enron which

How can governance failures such as that of Enron which resulted in major global turmoil be avoided

Explain the long-run effects of the guiding function of

Explain the long-run effects of the guiding function of price.

A random sample of 79 eighth grade students score on a

A random sample of 79 eighth grade students score on a national mathematics assessment test has a mean score of 263. This test result prompts a state school administrator to declare that the mean score for the states eig ...

A student is applying to harvard and dartmouth if the

A student is applying to Harvard and Dartmouth. If the student is accepted at Dartmouth, the probability of being accepted at Harvard is 40%. If the student is not accepted at Dartmouth there is an 80% of non-acceptance ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert