What is the probability that you start taking the random, Ask an Expert

Statistics

According to a recent Census Bureau report, 12.7% of Americans live below the poverty level. Suppose you plan to sample at random 100 Americans and count the number of people who live below the poverty level.
What is the probability that you count exactly 10 in poverty?
What is the probability that you count 10 or less in poverty?
What is the probability that you start taking the random sample and you find the first person in poverty on the 8th person selected?

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9121652

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

Nbsp1 nine percent of men and 025 of women cannot

1. Nine percent of men and 0.25% of women cannot distinguish between the colors red and green. This is the type of color blindness that causes problems with traffic signals. a. If six men are randomly selected for a stud ...

An all-equiry business has 175m shares outstanding selling

An all-equiry business has 175M shares outstanding selling for $20/share. Management believes interest rates are unreasonably low and decides to execute a leveraged recapitalization. It will raise $1B in debt and repurch ...

Based on college data scores on a certain test can be seen

Based on college data, scores on a certain test can be seen as normally distributed that can show the mean of 1524 and a standard deviation of 318. What percentage of scores are greater than 1842 and if needed round to t ...

Sally inherited some property from her family it includes

Sally inherited some property from her family, it includes two homes, one in Stone Harbor and one in Maui. (nice family). Sally is thinking of selling the properties but wants to make sure she gets a fair price. The two ...

Jen and barry get sued by ben amp jerrys for trademark

Jen and Barry get sued by "Ben & Jerry's" for trademark infringement. Jen and Barry lose, and they need a LOT of money. They decide to play Tennetucky's "Mega-6" lottery. They'll win the jackpot if they correctly choose ...

The meantime it takes a technician to resolve this software

The meantime it takes a technician to resolve this software issue is 18 minutes with a standard deviation of 4.2 minutes. This information was obtained from a random sample of 10 monitored calls. A sample of 15 monitored ...

Babies weighing less than 55 pounds at birth are considered

Babies weighing less than 5.5 pounds at birth are considered "low-birth-weight babies." In the United States, 7.6% of newborns are low-birth-weight babies. The following information was accumulated from samples of new bi ...

Letnbspxbar6nbspdenote the sample mean of a

Let X(bar) 6 denote the sample mean of a sample X 1 , X 2 , ..., X 6 from Unif (-1, 3). (a) What is the expected value of X(bar) 6 ? (b) What is the variance of X(bar) 6 ?

The following is a partial relative frequency distribution

The following is a partial relative frequency distribution of grades in an introductory statistics course. Grade Relative Frequency A .22 B ? C .18 D ...

A watters umbrella corp issued 12-year bonds 2 years ago at

a) Watters Umbrella Corp. issued 12-year bonds 2 years ago at a coupon rate of 7.8 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the YTM? (Write down the ...

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

Recent Questions

Ask Statistics and Probability Expert