Question

Suppose that historically, 36% of applicants that are offered admittance to Georgia Southern actually enroll, while...

Suppose that historically, 36% of applicants that are offered admittance to Georgia Southern actually enroll, while the others take offers somewhere else. If Georgia Southern will accept 9000 this coming year, what is the probability that less than 3250 will actually enroll? Use the normal approximation to the binomial.

P(X < 3250) =

Homework Answers

Answer #1

Answer)

N = 9000

P = 0.36

First we need to check the conditions of normality that is if n*p and n*(1-p) both are greater than 5 or not

N*p = 3240

N*(1-p) = 5760

Both the conditions are met so we can use standard normal z table to estimate the probability

Z = (x - mean)/s.d

Mean = n*p = 3240

S.d = √{n*p*(1-p)} = 45.5367983064

We need to find

P(x<3250)

By continuity correction

P(x<3249.5)

Z = (3249.5 - 3240)/(45.5367983064)

Z = 0.21

From z table, P(z<0.21) = 0.5832

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
Suppose that historically, 36% of applicants that are offered admittance to Georgia Southern actually enroll, while...
Suppose that historically, 36% of applicants that are offered admittance to Georgia Southern actually enroll, while the others take offers somewhere else. If Georgia Southern will accept 9000 this coming year, what is the probability that less than 3250 will actually enroll? Use the normal approximation to the binomial.
Suppose that historically, 35% of applicants that are offered admittance to Georgia Southern actually enroll, while...
Suppose that historically, 35% of applicants that are offered admittance to Georgia Southern actually enroll, while the others take offers somewhere else. If Georgia Southern will accept 9150 this coming year, what is the probability that less than 3250 will actually enroll? Use the normal approximation to the binomial. P(X < 3250) =
(1 point) Suppose that historically, 36% of applicants that are offered admittance to Georgia Southern actually...
(1 point) Suppose that historically, 36% of applicants that are offered admittance to Georgia Southern actually enroll, while the others take offers somewhere else. If Georgia Southern will accept 9300 this coming year, what is the probability that less than 3250 will actually enroll? Use the normal approximation to the binomial. P(X < 3250) =
Hw 21 #2 Suppose that historically, 35% of applicants that are offered admittance to Georgia Southern...
Hw 21 #2 Suppose that historically, 35% of applicants that are offered admittance to Georgia Southern actually enroll, while the others take offers somewhere else. If Georgia Southern will accept 9150 this coming year, what is the probability that less than 3250 will actually enroll? Use the normal approximation to the binomial.
Suppose that historically, 33% of applicants that are offered admittance to Georgia Southern actually enroll, while...
Suppose that historically, 33% of applicants that are offered admittance to Georgia Southern actually enroll, while the others take offers somewhere else. If Georgia Southern will accept 11700 this coming year, what is the probability that less than 3000 will actually enroll? Calculate n*p and n*(1-p) and check that each is greater than 10. Does this situation meet the condition for approximating a binomial with a normal?
Sign In INNOVATION Deep Change: How Operational Innovation Can Transform Your Company by Michael Hammer From...
Sign In INNOVATION Deep Change: How Operational Innovation Can Transform Your Company by Michael Hammer From the April 2004 Issue Save Share 8.95 In 1991, Progressive Insurance, an automobile insurer based in Mayfield Village, Ohio, had approximately $1.3 billion in sales. By 2002, that figure had grown to $9.5 billion. What fashionable strategies did Progressive employ to achieve sevenfold growth in just over a decade? Was it positioned in a high-growth industry? Hardly. Auto insurance is a mature, 100-year-old industry...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how the firms resources incompetencies support the given pressures regarding costs and local responsiveness. Describe entry modes have they usually used, and whether they are appropriate for the given strategy. Any key issues in their global strategy? casestudy: Atlanta, June 17, 2014. Sea of Delta employees and their families swarmed between food trucks, amusement park booths, and entertainment venues that were scattered throughout what would...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT