Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

As the condition of employment, Fashion Industries applicants should pass a drug test. Of the last 220 applicants 14 failed the test. Make a 99 percent confidence interval for proportion of applicants that fail the test. Would it be reasonable to conclude that more than 10 percent of applicants are now failing the test? In addition to the testing of applicants, Fashion Industries randomly tests its employees during the year. Last year in the 400 random tests conducted, 14 employees failed test. Would it be reasonable to conclude that less than 5 percent of the employees aren't capable to pass the random drug test?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M922535

Have any Question? 


Related Questions in Statistics and Probability

A particular brand of tires claims that its deluxe tire

A particular brand of tires claims that its deluxe tire averages at least 50,000 miles before it needs to be replaced. From past studies of this tire, the standard deviation is known to be 8,000. A survey of owners of th ...

Suppose a firm uses sales teams to market their products

Suppose a firm uses sales teams to market their products. For example, a construction equipment manufacturer may assign three sales agents to a team so each team member can specialize in particular product functions (e.g ...

Dude you ran that red light when conducting research on

Dude, you ran that red light! When conducting research on colorblindness in males, a research forms random groups of five males in each group. The random variable, x, is the number of males in the group who have a form o ...

You have a bag containing poker chips there are 18 total

You have a bag containing poker chips. There are 18 total chips, consisting of 9 white chips, 6 blue chips, 2 red chips, and 1 green chip. a. You remove one chip from the bag. What is the probability that the chip is blu ...

According to a field poll 79 of california adults actual

According to a Field Poll, 79% of California adults (actual results are 400 out of 506 surveyed) feel that "education and our schools" is one of the top issues facing California. We wish to construct a 90% confidence int ...

An annual survey of first-year college students ask 273000

An annual survey of first-year college students ask 273,000 students about their attitudes on a variety of subjects. According to a recent survey, 57% of first-year students believe that abortion should be legal. Use 0.0 ...

Suppose we can only sample from uniform distribution 01

Suppose we can only sample from Uniform distribution (0,1) with k=3. Design an algorithm to simulate chi-square distribution with 2k freedom via general transformation method.

Becky fenton has 408035 automobile insurance coverage if

Becky Fenton has 40/80/35 automobile insurance coverage. If two other people are awarded $70,000 each for injuries in an auto accident in which Becky was judged at fault, how much of this judgment would the insurance cov ...

42 credit card holders are selected at random for each

42 credit card holders are selected at random. For each, their current credit card balance is recorded. The average for these 42 people is = $600. Assume that the current balance of all credit card holders follows a norm ...

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. Assume that the first cash flow will occur one year from today (that is, at t = 1). (Round your answer ...

  • 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