Question

A recent survey of post-secondary education students revealed that 70% own an iPhone. Suppose a random...

A recent survey of post-secondary education students revealed that 70% own an iPhone. Suppose a random sample of 240 post-secondary students is taken. What is the probability that less than 162 students in the sample own an iPhone?

a) 0.8023

b) 0.2033

c) 0.1977

d) 0.7967

Homework Answers

Answer #1

Solution :

Given that,

p = 70% = 0.70

q = 1 - p = 1 - 0

n = 240

Using binomial distribution,

= n * p = 240 * 0.70 = 168

= n * p * q = 240 * 0.70 * 0.30 = 7.0993

Using continuity correction ,

P(x < 161.5) = P((x - ) / < (161.5 - 168) / 7.1)

= P(z < -0.85)

= 0.1977

Probability = 0.1977

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
3.   A recent survey by the American Accounting Association revealed 23 percent     of students graduating...
3.   A recent survey by the American Accounting Association revealed 23 percent     of students graduating with a major in accounting select public accounting. Suppose we select a sample of 15 recent graduates        (a) What is the probability five select public accounting?        (b) How many graduates on average (expected value) would you expect to select public accounting?        (c) Compute the variance and standard deviation (Use the short-cut formulas).
A recent survey in Sydney revealed that 70% customers at Aldi spend less than 150 dollars...
A recent survey in Sydney revealed that 70% customers at Aldi spend less than 150 dollars for weekly spending on groceries items. Suppose you randomly record the spending of 100 customers at Aldi. Calculate 95% confidence interval for the population proportion. Show your workings or provide Excel functions you have used for calculation.
A recent survey shows that 3 in 4 of the college students own a computer or...
A recent survey shows that 3 in 4 of the college students own a computer or a laptop. If a random sample of 180 students is selected, find the probability that more than 116 but fewer than 126 have a computer or a laptop? (Show ALL the steps (1-6) to receive full 20pts). Then, conclude your answer. Step 1 - Step 2 - Step 3 - Step 4 - Step 5 - Step 6 - Conclusion -
In a recent survey of 200 elementary students, many revealed they preferred math than English. Suppose...
In a recent survey of 200 elementary students, many revealed they preferred math than English. Suppose that 80 of the students surveyed were girls and that 120 of them were boys. In the survey, 60 of the girls, and 80 of the boys said that they preferred math more. 1) What is the difference in the probability between that girls prefer math more and boys prefer math more? 2) What is the standard error of the difference in the probability...
In a recent survey of 200 elementary students, many revealed they preferred math than English. Suppose...
In a recent survey of 200 elementary students, many revealed they preferred math than English. Suppose that 80 of the students surveyed were girls and that 120 of them were boys. In the survey, 60 of the girls, and 80 of the boys said that they preferred math more. 3) Calculate an 80% confidence interval for the difference in proportions 4) Suppose the 90% confidence interval for the difference in proportion is (-0.0232, 0.1899). Is the following interpretation of the...
1. A survey of recent business college graduates revealed that their annual incomes were normally distributed...
1. A survey of recent business college graduates revealed that their annual incomes were normally distributed with a mean income of $52,000 and a standard deviation of $18,000. Answer the following questions. (3.5 pts.) Note: Show your z score rounded to two decimal places (i.e., 2.85) (Showing calculations may help you earn partial credit.) Show your probability rounded to four decimal places (i.e., .6567). a) What is the probability of a random student earning less than $35,000? b) What is...
Use the normal distribution to approximate the following binomial distribution. A recent survey indicated that 55%...
Use the normal distribution to approximate the following binomial distribution. A recent survey indicated that 55% of the people in a certain town have satellite television. If 35 people from this town are chosen at random, what is the probability that fewer than 22 have satellite television? a) 0.8238 b) 0.7967 c) 0.8413 d) 0.7764 e) 0.7224 f) None of the above.
According to a survey in a​ country, 24​% of adults do not own a credit card....
According to a survey in a​ country, 24​% of adults do not own a credit card. Suppose a simple random sample of 400 adults is obtained. Complete parts​ (a) through​ (d) below. b) what is the probability that in a random sample of 400 adults, more than 28% do not own a credit card? Interpret this probability: If 100 different random samples of 400 adults were​ obtained, one would expect ___ to result in more than 28​% not owning a...
A school survey of random students concerning which band to hire for the next school dance...
A school survey of random students concerning which band to hire for the next school dance shows that 70% of students favor The Greasy Slugs. What is the probability that, in a random sample of 200 students, at least 150 will favor hiring The Greasy Slugs? (a)0.019 (b)0.037 (c) 0.070 (d)0.939
USING EXCEL A survey conducted for the Northwestern National Life Insurance Company revealed that 70% of...
USING EXCEL A survey conducted for the Northwestern National Life Insurance Company revealed that 70% of American workers say job stress caused frequent health problems. Suppose a random sample of 10 American workers is selected. What is the probability that more than seven of them say job stress caused frequent health problems? What is the probability that exactly five say job stress caused frequent health problems? What is the expected [mean] number of workers that would say job stress caused...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT