please help with both questions, answer i get is way off for both. QUESTION 5 5
ID: 3243871 • Letter: P
Question
please help with both questions, answer i get is way off for both.
Explanation / Answer
Solution:-
Question 5
Binomial Problem with n = 300 and p(tick) = 0.7
P(0<= x <=216) = binomcdf(300,0.7,215) = 0.7422
Question 6
Here, p = 0.08, q = 0.92 and 500
np = (500)(0.08) = 40
nq = (500)(0.92) = 460
We can use normal distribution as, np > 5 and nq > 5
Mean = np = 40
Standard deviation = sqrt(npq) = sqrt((500)*(0.08)*(0.92))
= 6.066
P(X < 40) = P(Z < (x - np) / sqrt(npq))
= P(Z < 40 - 40 / 6.066)
= 53.20%
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.