QUESTION 3
A recent study shows that on average 21% of employees in the
work population prefer their vacation time during March break.
Vincent Company employs 55 people. Use the normal
approximation to the binomial distribution to answer the
questions below:
Required:
- Determine the expected value, and the standard deviation of
that value, of the number of Vincent Company employees who would
prefer their vacation time during March break. ( 3
marks)
- What is the probability that more than nine Vincent Company
employees will prefer their vacation during March break? Sketch a
normal curve and shade the desired area of your diagram. (
4 marks)
- What is the probability that exactly nine Vincent Company
employees will prefer their vacation during March break? Sketch a
normal curve and shade the desired area of your diagram.
( 4 marks)
- What is the probability that more than six, but less than ten,
Vincent Company employees will prefer their vacation during March
break? Sketch a normal curve and shade the desired area of your
diagram. ( 4 marks)
I need full explanation and calculation of the
answer