Question

According to a survey by the U.S. Bureau of Labor statistics, 87% of all the part-time...

According to a survey by the U.S. Bureau of Labor statistics, 87% of all the part-time college students also work. If this figure still holds and if 100 part-time college students are randomly selected, what is the probabilities that less than 70 part-time college students also work?

Homework Answers

Answer #1

Solution :

Given that,

p = 0.87

q = 1 - p = 1 - 0.87 = 0.13

n = 100

Using binomial distribution,

= n * p = 100 * 0.87 = 87

= n * p * q = 100 * 0.87 * 0.13 = 3.3630

Using continuity correction ,

P(x < 70 - 0.5) = P(x < 69.5

= P((x - ) / < (69.5 - 87) / 3.3630)

= P(z < -5.20)

= 0

the probabilities that less than 70 part-time college students also work is 0 .

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
According to the U.S. Bureau of Labor Statistics, the response rate to the 2017 Consumer Expenditure...
According to the U.S. Bureau of Labor Statistics, the response rate to the 2017 Consumer Expenditure Quarterly Survey (CEQ) was 60.9 percent. Let’s assume this figure will hold true for 2020 as well. Given the fact and the assumption, what is a close approximation to the probability that at least 7,000 out of 11,000 households contacted will respond to the 2020 CEQ? (a) 0.454 (b) 0.115 (c) 0
According to the U.S. Bureau of Labor Statistics, the average weekly earnings of a production worker...
According to the U.S. Bureau of Labor Statistics, the average weekly earnings of a production worker in manufacturing in the United States as of October 2014 was $827.27. Suppose a labor researcher wants to test to determine whether this figure is still accurate today. The researcher randomly selects 54 production workers from across the United States and obtains a representative earnings statement for one week from each worker. The resulting sample average is $843.56. Assuming a population standard deviation of...
According to the U.S. Bureau of Labor Statistics, the average weekly earnings of a production worker...
According to the U.S. Bureau of Labor Statistics, the average weekly earnings of a production worker in July 2011 were $657.49. Suppose a labor researcher wants to test to determine whether this figure is still accurate today. The researcher randomly selects 53 production workers from across the United States and obtains a representative earnings statement for one week from each. The resulting sample average is $670.16. Assuming a population standard deviation of $63.90 and a 10% level of significance, determine...
According to the U.S. Bureau of Labor Statistics, the average weekly earnings of a production worker...
According to the U.S. Bureau of Labor Statistics, the average weekly earnings of a production worker in July 2011 were $657.49. Suppose a labor researcher wants to test to determine whether this figure is still accurate today. The researcher randomly selects 53 production workers from across the United States and obtains a representative earnings statement for one week from each. The resulting sample average is $672.65. Assuming a population standard deviation of $63.90 and a 1% level of significance, determine...
According to the U.S. Bureau of Labor Statistics, the average weekly earnings of a production worker...
According to the U.S. Bureau of Labor Statistics, the average weekly earnings of a production worker in July 2011 were $657.49. Suppose a labor researcher wants to test to determine whether this figure is still accurate today. The researcher randomly selects 54 production workers from across the United States and obtains a representative earnings statement for one week from each. The resulting sample average is $672.41. Assuming a population standard deviation of $63.90 and a 5% level of significance, determine...
According to the U.S. Bureau of Labor Statistics, the average weekly earnings of a production worker...
According to the U.S. Bureau of Labor Statistics, the average weekly earnings of a production worker in July 2011 were $657.49. Suppose a labor researcher wants to test to determine whether this figure is still accurate today. The researcher randomly selects 53 production workers from across the United States and obtains a representative earnings statement for one week from each. The resulting sample average is $672.44. Assuming a population standard deviation of $63.90 and a 5% level of significance, determine...
According to the U.S. Bureau of Labor Statistics, the average weekly earnings of a production worker...
According to the U.S. Bureau of Labor Statistics, the average weekly earnings of a production worker in July 2011 were $657.49. Suppose a labor researcher wants to test to determine whether this figure is still accurate today. The researcher randomly selects 53 production workers from across the United States and obtains a representative earnings statement for one week from each. The resulting sample average is $672.15. Assuming a population standard deviation of $63.90 and a 1% level of significance, determine...
According to the U.S. Bureau of Labor Statistics, the average weekly earnings of a production worker...
According to the U.S. Bureau of Labor Statistics, the average weekly earnings of a production worker in July 2011 were $657.49. Suppose a labor researcher wants to test to determine whether this figure is still accurate today. The researcher randomly selects 55 production workers from across the United States and obtains a representative earnings statement for one week from each. The resulting sample average is $672.84. Assuming a population standard deviation of $63.90 and a 5% level of significance, determine...
According to the Bureau of Labor Statistics, 7.1% of the labor force was recently unemployed. A...
According to the Bureau of Labor Statistics, 7.1% of the labor force was recently unemployed. A random sample of 100 employable adults was selected. Using the normal distribution, approximate the probability that 10 or less people from this sample are unemployed. Using the normal distribution, approximate the probability that 6 or more people from this sample are unemployed.
The U.S. Bureau of Labor Statistics released hourly wage figures for various countries for workers in...
The U.S. Bureau of Labor Statistics released hourly wage figures for various countries for workers in the manufacturing sector. The hourly wage was $30.67 for Switzerland, $20.20 for Japan, and $23.82 for the U.S. Assume that in all three countries, the standard deviation of hourly labor rates is $3.00. a. Suppose 42 manufacturing workers are selected randomly from across Switzerland and asked what their hourly wage is. What is the probability that the sample average will be between $30.00 and...