(Answered) A marketing research firm advises a new client that

Statistics

A marketing research firm advises a new client that approximately 15% of all persons sent a sweepstakes offer will return the mailing. Suppose the client sends out 10.000 sweepstakes offers.

a. What is the probability that fewer than 1,430 of the mailings will be returned?

b. What is the probability that more than 1,600 of the mailings will be returned?

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M92749331
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

The time required by students to complete an organic

The time required by students to complete an organic chemistry examination is normally-distributed with a mean of µ = 200 minutes and a standard deviation of σ = 20 minutes. Since this particular class is a large lecture ...

A researcher reports that the size of an effect in

A researcher reports that the size of an effect in Population A is d = 0.10 and the effect size in Population B is d = 0.34. Which population is associated with greater power to detect an effect? A) Population A B) Popul ...

Provide an example of population parameter sample and

Provide an example of population, parameter, sample, and census in a business research project. Why is it important to define the population clearly and precisely in a business research project?

Table 1 fasting bloodfbs of group afbs of group

Table 1. Fasting Blood FBS of Group A FBS of Group B 95 90 100 100 125 125 175 200 250 550 1. What is the mean fasting blood sugar value for each group? What is the median? Mode? Group A: mean:145, median: 125, mode: n ...

It has been argued that although there may be more claims

It has been argued that although there may be more claims when road conditions are slippery in the winter, this should not affect the average claim. Malpeque took a sample of 50 claims from the winter of 2018 and found t ...

An investment costs 60096 and offers a return of 10 percent

An investment costs $60,096 and offers a return of 10 percent annually for ten years. What are the annual cash inflows anticipated from this investment? Use Appendix D to answer the question. Round your answer to the nea ...

Matterhorn inc had the following sales for the past six

Matterhorn, Inc. had the following sales for the past six months. Matterhorn collects its credit sales 30% in the month of sale, 60% one month after the sale, and 10% two months after the sale. Cash Sales Credit Sales Ja ...

Question suppose we wanted to conduct a survey it is

Question: Suppose we wanted to conduct a survey. It is desired that we produce an interval estimate of the population mean that is ±5 from the true population mean with 99% confidence. Based on a historical planning valu ...

What are the uses and value of statistical significance

What are the uses and value of statistical significance testing and the p-value as demonstrated in the various analytical techniques (t-tests, ANOVA, chi-square, etc.). What's the fundamental reason we apply these techni ...

Question in one law school class the entering students

Question: In one law school class the entering students averaged 700 on the LSAT test with a standard de-viation of 40. Assuming the distribution of test scores was normal, what fraction of the class scored above 750? Th ...

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 Statistics and Probability Expert