Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

In a particular company 43% of the employees make over $70,000 per year.If a random audit selects the pay records of 62 employees what is the mean and standard deviation for the expected number of employees making more than $70,000 per year #question.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9430431

Have any Question?


Related Questions in Statistics and Probability

On average the parts from a supplier have a mean of 975

On average, the parts from a supplier have a mean of 97.5 inches and a standard deviation of 6.1 inches. Find the probability that a randomly selected part from this supplier will have a value between 85.3 and 109.7 inch ...

A company designs a new laptop computer and wants to

A company designs a new laptop computer and wants to investigate customers' preferences with respect to three select laptop features. The features are Price (High vs. low) Processor Speed (Low vs. medium vs. high) Weight ...

1 suppose that in the game of afl the mean total number of

1. Suppose that in the game of AFL the mean total number of points per match is 185 with a standard deviation of 33. Suppose that a season involves 202 matches. If the total points are normally distributed then answer th ...

Question 387 women receiving free bone mineral density

Question: 387 women receiving free bone mineral density screenings were questioned. The questions focused on past smoking history. Sujbects undergoing hormone replacement therapy (HRT), and subjects not undergoing HRT, w ...

When alice spends the day with the babysitter there is a 05

When Alice spends the day with the babysitter, there is a 0.5 chance she turns on the TV and watches a show. Her little sister Betty cannot turn on the TV by herself. But once the TV is on, Betty watches with probability ...

Sals market receives a box of jen amp barrys fast fresh

Sal's Market receives a box of Jen & Barry's Fast Fresh Salad BagsTM. Each box contains 16 Caesar salad bags, 20 tossed salad bags, and 12 shredded cabbage bags. Suppose that each type salad bag has an equal chance of be ...

Determine the minimum sample size required when you want to

Determine the minimum sample size required when you want to be 98% confident that the sample mean is within two units of the population mean. Assume a standard deviation of 4.82 in a normally distributed population.

Apopulation has a mean u81 and a standard deviation o28

A population has a mean u=81 and a standard deviation o=28. Find the mean and standard deviation of a sampling distribution of sample means with a sample size n=239. ux= ox=

In a population of phd students 50 have paid assistant

In a population of Ph.D students 50% have paid assistant ships. A random sample of n=200 students are chosen. What is the expected number of students who have paid assistant ships in this sample?

The standard deviation of the market-index portfolio is 45

The standard deviation of the market-index portfolio is 45%. Stock A has a beta of 1.20 and a residual standard deviation of 55%. a-1. Calculate the total variance of stock A if its beta is increased by 0.20?  (Do not ro ...

  • 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