Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

A chef is opening a new restaurant in Portland, Oregon, and wants to know how many vegan meals he should prepare. 300 people will attend opening night. He knows that about 4% of people in Portland are vegan, and the approximate population of Portland is 600,000.

1. What is the probability that more than 5% of the people attending opening night will be vegans?

2. What is the probability that less than 3% of the people attending opening night will be vegans?

3. What is the probability that between 2.5% and 5.5% of the people attending opening night will be vegans?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92792131
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

You can invest money each month at 6 percent interest

You can invest money each month at 6 percent interest compounded monthly over the next 30 years. In 30 years, you will take all the money you invested and put it into an account earning 8 percent compounded monthly. Then ...

For planning purposes truss manufacturers must try to

For planning purposes, truss manufacturers must try to predict the number of hurricanes that will hit the eastern seaboard of the United States in any given year. If this area is hit with an average of 6 hurricanes per y ...

Determine the sample size n needed to construct a 99

Determine the sample size n needed to construct a 99?% confidence interval to estimate the population mean when σ=24 and the margin of error equals 9.

Can someone help me determine how 1107 was obtainedin order

Can someone help me determine how 11.07 was obtained? In order to determine the Chi-Square Critical for the Chi-Square. You need to find out the Degrees of Freedom (DF)  DF = (Number of Rows - 1 * Number of Columns - 1) ...

Based on college data scores on a certain test can be seen

Based on college data, scores on a certain test can be seen as normally distributed that can show the mean of 1524 and a standard deviation of 318. What percentage of scores are greater than 1842 and if needed round to t ...

Let x be a random variable with range rx -1 0 1 and let px

Let X be a random variable with range RX = {-1, 0, 1} and let P(X = 1) = P(X = -1) = p/2 for some p ∈ [0, 1]. a) Compute P(X = 0). b) Compute the expectation E[X] and variance Var(X) of X as a function of p, and determin ...

Can a business have too much money in cash meaning cash on

Can a business have too much money in Cash, meaning cash on hand as well as in checking and savings accounts? What if a business had 100 million dollars in these cash accounts but only needed half of that for what Keynes ...

Anbspbbb-rated corporate bond has a yield to maturity of

A? BBB-rated corporate bond has a yield to maturity of 11.2%. A U.S. treasury security has a yield to maturity of 9.9%. These yields are quoted as APRs with semiannual compounding. Both bonds pay? semi-annual coupons at ...

You have a bag with three fair dice one is 4-sided one is

You have a bag with three fair dice. One is 4-sided, one is 6-sided, and one is 12-sided. You reach into the bag, pick one die at random, and roll it. The outcome of the roll is 4. What is the probability that you rolled ...

Cate the wacc given the following assumptionsa

Calculate the WACC given the following assumptions: a. Company tax rate is 40%. b. Company has an outstanding bond issue with a 6-7/8 coupon, market price of 102-5/8 (percent of 100% par, in 32nds), semiannual coupon pay ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As