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A report states that 46% of home owners have a vegetable garden. How large a sampl.e is needed to estimate the true proportion of home owners who have vegetable gardens to within 4 percentage points with 95% confidence?
a) 140
b) 238
c 309
d) 476
Statistics and Probability, Statistics
A student must answer 6 multiple choice questions for a test, but the student did not study well. There are 6 answers per question, but only one is correct. If the student randomly guesses on each questions, what is the ...
Five houses in a row are each to be painted with one of the colors? red, blue,? green, and yellow. In how many different ways can the houses be painted so that no two adjacent houses are of the same? color? Answer is 324 ...
A sample of 175 randomly selected students, found that the proportion of students planning to travel home for thanksgiving is 0.64 What is the standard deviation of the sampling distribution.
A musical instruments retailer has 10,000 point-of-sale transactions out of which 1500 sales included both items of electric guitars and guitar cases, and out of which 750 had sales of new strings. If the electric guitar ...
Your company doesn't face any taxes and has $760 million in assets, currently financed entirely with equity. Equity is worth $51.00 per share, and book value of equity is equal to market value of equity. Also, let's assu ...
You are offered the right to receive 3,000 per year? forever, starting in one year. If your discount rate is 3?%, what is this offer worth to? you? (round to the nearest dollar)
A quality controller selects 8 items at a predefined interval and found that 75% of the time the item was non-defective. Let "S" represent the occurence of a non defective item. Assuming that this experiment is Binomial: ...
What is the fraction defective if material hardness is normally distributed with a mean of 42 and a standard deviation of 1 and the specification limits for hardness are from 35 to 45? What value for the process mean wil ...
Suppose X is a normal random variable with mean μ = 54 and standard deviation σ =8.? Compute P(X > 42). (Round to four decimal places.)
Thirty percent of the managers in a certain company have MBA degrees as well as professional training. Eighty percent of all managers in the firm have professional training. If a manager is randomly chosen and found to h ...
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