Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

A survey asks 1000 ?workers, Has the economy forced you to reduce the amount of vacation you plan to take this? year? Thirty?-four percent of those surveyed say they are reducing the amount of vacation. Thirty workers participating in the survey are randomly selected. The random variable represents the number of workers who are reducing the amount of vacation. Decide whether the experiment is a binomial experiment. If it? is, identify a? success, specify the values of? n, p, and? q, and list the possible values of the random variable x.

(A.) Is the experiment a binomial? experiment?

(B.) What is a success in this? experiment?

(C.) Specify the value of n. Select the correct choice below and fill in any answer boxes in your choice

(D.) Specify the value of p. Select the correct choice below and fill in any answer boxes in your choice.

(C.)Specify the value of q. Select the correct choice below and fill in any answer boxes in your choice.

(E.) List the possible values of the random variable x.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M92842467
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Business Economics

Suppose a bond with no expiration date has a face value of

Suppose a bond with no expiration date has a face value of $10,000 and annually pays a fixed amount of interest of $900. a. In the table provided below, calculate and enter either the interest rate that the bond would yi ...

Please help me with this assignment1 what is the effect of

Please, help me with this assignment! 1. What is the effect of trade liberalization on agricultural markets. 2. Compare the challenges experienced by developing countries versus that of the United States. 3. What financi ...

In a large organization 55 of all employees are female 25

In a large organization, 55% of all employees are female, 25% of the employees have a business degree, and 40% of all males have a business degree. What is the probability that an employee has a business degree given tha ...

Suppose that for a given patient the true ef is 63 consider

Suppose that, for a given patient, the true EF is 63. Consider the population of EF values that can be estimated on that patient using option II above. That population follows a normal distribution with μ= 63. Find the p ...

Each of the following lists has an average of 50 for which

Each of the following lists has an average of 50. For which one is the spread of the numbers around the average biggest?smallest? a. 0, 20, 40, 50, 60, 80, 100 b. 0, 48, 49, 50, 51, 52, 100 c. 0, 1, 2, 50, 98, 99, 100 Gu ...

The offices of president vice president secretary and

The offices of? president, vice? president, secretary, and treasurer for an environmental club will be filled from a pool of 16 candidates. Nine of the candidates are members of the debate team. ?(a) What is the probabil ...

The abc movie theater has 300 seats in a typical month 25

The ABC movie theater has 300 seats. In a typical month, 25 percent of the seats are sold. The price elasticity is estimated to be -0.9. The price of a ticket is $8.00. The manager wants to increase the attendance to 30 ...

A binomial process has 892 trails and a probability of

A binomial process has 892 trails and a probability of success of 0.78. What is the standard deviation of this process distribution?

What should ngos non-governmental organization do in

What should NGOs (non-governmental organization) do in regions of conflict or war? The benefits of having NGO's personnel in such regions outweigh the risks?

Sixty percent of adults have looked at their credit score

Sixty percent of adults have looked at their credit score in the past six months. If you select 31 customers, what is the probability that at least 25 of them have looked at their score in the past six months?

  • 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