Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

According to a survey, 90% of senior executives at major U.S corporations felt that the federal budget will not be balanced by the year 2015. Suppose that this result is true for all senior executives at U.S. corporations. Letx denote the number of senior executives in a random sample of 10 who hold this opinion. Write the Probability distribution of x and draw a line graph of the probability distribution. find the mean and standard deviation of x.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91011192

Have any Question?


Related Questions in Statistics and Probability

A random sample of 12 parts from factory a has an average

A random sample of 12 parts from factory A has an average reliability of 4.48 with a sample standard deviation of 3.19. A random sample of 15 products from factory B has an average reliability of 2.36 with a sample Stand ...

Te critical boundaries zcrit for a hypothesis test are z

The critical boundaries (Zcrit) for a hypothesis test are z = +1.96 and z = -1.96. If the z-score for the sample data is z = -1.90, then what is the correct statistical decision?  A) Reject H1  B) Fail to reject H1 C) Re ...

Suppose a sample space has things ab and c twice draw from

Suppose a sample space has things a,b and c. Twice, draw from the sample space and replace. The possible sequences formed are {aa, ab, ac,ba,bb, bc,ca,cb,cc} Now suppose there are Y different things. There are Y ways the ...

The weights of bags of peas are normally distributed with a

The weights of bags of peas are normally distributed with a mean of 12.08 ounces and a standard deviation of 1.03 ounces. Bags in the upper 4% are too heavy and must be repackaged. What is the most that bag and weigh and ...

Use the information below to answer the questions that

Use the information below to answer the questions that follow : While the Mars candy company no longer reports the percentages of each color M&M that are produced, they had previously reported the following: 13% brown  1 ...

Leibniz sells you an annuity that pays 1500 every month

Leibniz sells you an annuity that pays $1,500 every month from the end of September 2018 to the end of August 2022 with annual interest rate 7% compounded monthly. (round off all answers to two decimal places) (a) What i ...

An egg farmer wanted to determine if increasing the amount

An egg farmer wanted to determine if increasing the amount of time the lights were on in his hand house would increase egg production. For example of 8 chickens he determined the production before and after increasing th ...

A company is to hire two new employees they have prepared a

A company is to hire two new employees. They have prepared a final list of twelve candidates, all of whom are equally qualified. Of these twelve candidates, seven are women. If the company decides to select two persons r ...

The probability that someone made a purchase at a store is

The probability that someone made a purchase at a store is 0.36. You randomly select 15 people who went to the store. The random variable x represents the number of people who made a purchase. a. Find the probability tha ...

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 ...

  • 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