The student body of a large university consists of 30% Business majors. A random sample of 20 students is selected.
a.What is the probability that among the students in the sample at least 10 are Business majors?b.What is the probability that at least 16 are not Business majors?c.What is the probability that exactly 10 are Business majors?d.What is the probability that exactly 12 are not Business majors?

What will be an ideal response?



a.0.0479
b.0.2374
c.0.0308
d.0.1144

Business

You might also like to view...

A method for handling missing responses in which respondents with any missing responses are discarded from the analysis is called pairwise deletion

Indicate whether the statement is true or false

Business

On June 30, 2018, Ginger, Inc. showed the following data on the equity section of their balance sheet:


On July 1, 2018, the company declared and distributed a 9% stock dividend. The market value of the stock at that time was $20 per share. Following this transaction, what is the balance of Common Stock?
A) $163,500
B) $57,180
C) $285,540
D) $357,180

Business

Which of the following characterises a model of organisational career management which stresses the importance of both the individual and organisation taking equal responsibility for careers in order to meet the needs of both parties (Hirsh and Jackson, 2004):

a. career partnership b. career symmetry c. corporate career management d. talent management

Business

Which of the following terms refers to buying out a hostile shareholder at a price far above the current price of the target company's stock in exchange for the hostile shareholder's agreement not to buy more shares for a period of time?

A) golden parachute B) poison pill C) porcupine provision D) greenmail

Business