According to a survey by Accountemps, 48% of executives believe
that employees are most productive on Tuesdays. Suppose 230
executives are randomly surveyed.
Appendix A Statistical Tables
a. What is the probability that fewer than 103 of
the executives believe employees are most productive on
Tuesdays?
b. What is the probability that more than 115 of
the executives believe employees are most productive on
Tuesdays?
c. What is the probability that more than 94 of
the executives believe employees are most productive on
Tuesdays?
(Round the values of z to 2 decimal places. Round the
intermediate values to 4 decimal places. Round your answers to 4
decimal places.)
Answer)
N = 230
P = 0.48
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 = 110.4
N*(1-p) = 119.6
Both the conditions are met so we can use standard normal z table to estimate the probability
Mean = n*p = 110.4
S.d = √{n*p*(1-p)} = 7.57680671523
Z = (x - mean)/s.d
A)
P(x<103)
By continuity correction
P(x<102.5)
Z = (102.5-110.4)/7.57680671523
Z = -1.04
From z table, P(z<-1.04) = 0.1492
B)
P(x>115)
By continuity correction
P(x>115.5)
Z = (115.5 - 110.4)/7.57680671523
Z = 0.67
From z table, P(z>0.67) = 0.2514
C)
P(x>94.5) by continuity correction
Z = -2.1
From z table, P(z>-2.1) = 0.9821
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