In a study by Peter D. Hart Research Associates for the Nasdaq Stock Market, it was
determined that 20% of all stock investors are retired people. In addition, 40% of all U.S. adults invest in mutual funds. Suppose a random sample of 25 stock investors is taken What is the probability that fewer than 4 are retired people

Answers

Answer 1

Answer:

a) 0.1108

(b) 0.0173

Step-by-step explanation:

We are given that 20% of all stock investors are retired people. A random sample of 25 stock investors is taken.

Firstly, the binomial probability is given by;

where, n = number of trails(samples) taken = 25

r = number of successes

p = probability of success and success in our question is % of

retired people i.e. 20%.

Let X = Number of people retired

(a) Probability that exactly seven are retired people = P(X = 7)

P(X = 7) =

= = 0.1108

(b) Probability that 10 or more are retired people = P(X >= 10)

P(X >= 10) = 1 - P(X <= 9)

Now, using binomial probability table, we find that P(X <= 9) is 0.98266 at n = 25, p = 0.2 and x= 9

So, P(X >= 10) = 1 - 0.98266 = 0.0173.


Related Questions

Your teacher invented another game: You will pick one card from a deck of cards. If
you pick a heart, you will win $25.00. Otherwise, you will lose $5.00.
From the standpoint of the player, what is the expected value of this game?
Enter expected value
What does the expected value tell us about the game?
O The game is good to play, you will make money on average.
O The game is NOT good to play, you will tend to lose money.
O It doesn't matter if you play, you will generally break even.

Answers

Answer:

C

Step-by-step explanation:

SOMEONE PLEASE HELP ILL GIVE BRAINLIEST

Answers

Answer:

A.

Step-by-step explanation:

the first number in the pattern is 32 the rule is to add 27​

Answers

Answer:

59

Step-by-step explanation:

The sweet shoppe sells a half dozen cupcake for $16.50. The cupcake factory sells a dozen cupcake for $30.00. Jameska purchases two cupcake from each shop what is the different in the purchases

Answers

Answer:

1.50 is the answer

Step-by-step explanation:

yeah I had it on a question yw

Answer:

eggffdf

Step-by-step explanation:

sfdsffgfddfdkkhsdghskjgfhjgdfjhdgdhdsdfh

find the sum of 2x ÷ x-1 and x÷x-1​

Answers

Answer with step-by-step explanation:

First of all, ORDER OF OPERATIONS!! 2x/x is 2/1, which is 2. Then, subtract 1, which is 1.

2x ÷ x - 1 = 1

Same thing: x/x = 1. Subtract 1 from 1, which is 0.

x ÷ x - 1 = 0

1 + 0 = 1

Hope this helped!

QUICK
solve this equation
a^n+b^n=

Answers

Hey can someone help me with my latest question no one‘s helping me and I really need it

A gallon of gas costs an average of two dollars is Betty spends $144 a month on gas determine how many gallons of gas she uses a month

Answers

Answer:

she uses 72 gallons

Step-by-step explanation:

just do 144/2 and the answer is 72

if you wanna check your answer just do 72x2 and it equals 144

72 galloons because 144 divided by 2 which is the price per gallon then it is 72

Question:
7x^2 + 8x = x^2

Answers

Answer:

x1= -4/3 and x2= 0

Step-by-step explanation:

That answer is correct

You have 8 donuts and you want to give 1/4 of them to a friend. How many donuts would your friend get?​

Answers

Answer: pretty sure the friend would get 2 donuts

Step-by-step explanation:

natalie budgets $150 for yoga training but doesn’t want to spend all of that money. She buys a yoga mat for $10 and spends $9 per day on yoga classes. Which inequality represents the number of day,d, that Natalie can take classes and stay under (less than) her budget?

Answers

Answer:

A

Step-by-step explanation:

Answer:

A) I hope I helped you ◉‿◉

A square patio has an area of 135 square feet. How long is each side of the patio to the nearest tenth?
Each side of the patio is approximately
feet long.

Answers

11.6 because the square root of 135 is 11.61885.... and when you check it is approximately 135 because 11.6 *11.6 = 134.56, which can be rounded to 135

Xis normally distributed with mean 1,000 and standard deviation 250. What is the probability that X lies between 800 and 1, 100?

Answers

Answer:

0.4435

Step-by-step explanation:

Given that :

X is normally distributed:

mean(m) = 1,000

standard deviation (s) = 250

probability that X lies between 800 and 1,100?

Using the relation :

X = 800

Zscore = (x - m) / s

Zscore = (800 - 1000) / 250

Zscore = - 200 / 250

Zscore = - 0.8

P(Z ≤ - 0.8) = 0.2119

X = 1100

Zscore = (x - m) / s

Zscore = (1100 - 1000) / 250

Zscore = 100 / 250

Zscore = 0.4

P(Z ≤ 0.4) = 0.6554

P(Z ≤ 0.4) - P(Z ≤ - 0.8)

0.6554 - 0.2119

= 0.4435

Translate the sentence into an equation.
Seven times the sum of a number and 2 is 6.
Use the variable y for the unknown number.

Answers

Answer:

7(y+2)=6

Step-by-step explanation:

its right

Write the following as an inequality. 9 is greater than x, and 3 is less than x Use x only once in your inequality. also please understand that two people need to answer the question for me to give brainiest, and yes once two people answer I will choose brainliest for whoever is correct

Answers

Answer:

9>x>3

Step-by-step explanation:

the open side always faces the greater value

Find the equation of the line khan academy slope intercept equation from the graph
PLEASE HELP!!!

Answers

y= 3/4x - 2
I hope this helps!!!

estimate the answer for 1 2/3 x 5 1/10 (type a whole number​

Answers

Answer:

Exact Form:

17/2

Decimal Form:

8.5

Mixed Number Form:

8 1/2

I thought of a two-digit number. The unit digit of my number is 7 more than the tens digit cubed. What is my number?

Answers

Answer:

18

Step-by-step explanation:

The tens digit a is cubed (a³ ) still less than the biggest possible 1 -digit number . It can be only 0 or 1 , so even 2³ =8 ( in such case the unit digit is 15,- that's  not possible) .

0 can not be the the first digit in 2 digit number. So the only possible tens digit is 1. So the unit number is 1+7=8.

Answer 18

Answer:

18

Step-by-step explanation:

8 tomatoes for $2 unit rate
I don't have much so please 17

Answers

That would be 16 dollars I’m pretty sure dude

your job requires that you work at least 40 hours a week you have already worked 15 and there are 4 more days left in the week how many hours do you have to work each day to get at least 40 hours: inequality and solution

Answers

Answer:

6.25 hours

Step-by-step explanation:

this is rather simple really,

first, you have to work 40 hours a week

you have already worked 15 so now you can subtract that

40-15= 25hrs

if you have 4 more days of the week you divide the remaining hours by the days left

25/4= 6.25hrs

that would be the bare minimum of hours for you to work a 40 hour week.

If a roof has a pitch of 5 to 11, how high will the roof rise over a 33-foot run?
a.
3
C.
2
72 feet
1 feet
b. 15 feet
d.
20 feet

Answers

The answer is b. 15ft

Its late and i need this pls









Gretchen made a paper cone to hold a gift for a friend. The paper cone was 11 inches high and had a radius of 4 inches. Find the volume of the paper cone to the nearest tenth. Use 3.14 for π.


The volume is ___in^3

Answers

Answer:

184.2 in^3

Step-by-step explanation:

vol of cone=

[tex]\pi {r}^{2} \frac{h}{3} [/tex]

[tex]3.14 \times 16 \times \frac{11}{3} [/tex]

=184.2

B^2 + 11b + 18 ( Factor the question)
Help please!

Answers

(x+2)(x+9)
................................

Answer:

=b^2+(9+2)b+18

=b^2+9b+2b+18

=b(b+9)+2(b+9)

=(b+9)(b+2)

anyone in flvs? we should find each other in live lessons lol

Answers

Answer:

nope

Step-by-step explanation:

Toby works at an amusement park. He loads 10 new passengers onto the roller coaster every
3/4
of a minute. At what rate does Toby load passengers?

Pleaseeee

Answers

Answer:

13 1/3

Step-by-step explanation:

im sure this is right btw

I need help please thanks
find x when y = 18, if y = 9 when x = 8
ASAP PLEASE

Answers

so

y=9 -> y=18

       *2

x=8 -> x=16

       *2

so x = 16

Answer:

the only logical way solving this question is:

if y=9 then x=8

if y=18 then x should be 16

Step-by-step explanation:

I cant find any other way to solve

If b^2 = 25 then b= Answer it please

Answers

Answer:

b = 5

mark me as brainliest plz!! :DD

I need help the instructions say go left to right

Answers

A would go to 4
B would go to 3
C would go to 2
D would go to 1

A newspaper is launching a new advertising campaign in order to increase the number of daily subscribers. The newspaper currently ​(t​0) has​ 26,000 daily subscribers and management expects that​ number, S(t), to grow at the rate of subscribers per​ day, where t is the number of days since the campaign began. How long​ (to the nearest​ day) should the campaign last if the newspaper wants the number of daily subscribers to grow to​ 49,000?

Answers

Answer:

57 days

Step-by-step explanation:

Given that:

t(0) = 26000

Growth rate (S'(t)) = 80t^1/2

Targeted number of subscribers = 49000

Take the integral of the growth rate :

∫80t^1/2dt = [(80t^(1/2 + 1)) / 1/2 + 1] + C

[(80t^(1/2 + 1)) / 1/2 + 1] + C = (80t^3/2) / 3/2 + C

(80t^3/2) * 3/2 + C = (160/3)t^3/2 + C

(160/3)t^3/2 + C

Let C = t(0)

(160/3)t^3/2 + 26000 = 49000

(160/3)t^3/2 = 49000 - 26000

(160/3)t^3/2 = 23000

Multiply both sides by 3/160

t^3/2 = 23000* 3/160

t^3/2 = 69000/160

t^3/2 = 431.25

t^(3/2 * 2/3) = 431.25^2/3

t = 57.080277

t = 57 days (approx.)

7th grade math help me plzzzz

Answers

Answer:

a. -14

b. -13

c. -5

d. -3

e. -12

f. 0

Step-by-step explanation:

hope it helps

Answer:

A is -14.

B is -13

C is -5

D is -3

E is -12

F is 0

Step-by-step explanation:

A, B, E both numbers are negative so you just add them together and add a negative sign.

C would read 4-9

D 10-7 and add a - to the answer

F is 6-6

Michael exercises more than 35 minutes per day.
Use t to represent Michael's amount of exercise (in minutes per day).

Answers

Answer:

t>35

Step-by-step explanation:

Since Michael exercises more than 35 days, t is greater than 35. To express that in an inequality, the answer is t>35. Hope this helped!

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