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8090 [49]
3 years ago
15

According to a consumer survey of young adults​ (18-24 years of​age) who shop​ online, 33​% own a mobile phone with internet acc

ess. In a random sample of 500 young adults who shop​ online, let x be the number who own a mobile phone with internet access. a. Explain why x is a binomial random variable​ (to a reasonable degree of​ approximation). Choose the correct explanation below. A. The experiment consists of n​ identical, dependent​ trials, with more than two possible outcomes. The probability that an event occurs varies from trial to trial. B. The experiment consists of n​identical, independent​ trials, where there are only two possible​outcomes, S​ (for Success) and F​ (for Failure). The probability of S varies from trial to trial. The variable x is the number of​ F's in n trials. C. The experiment consists of n​ identical, independent​ trials, where there are only two possible​ outcomes, S​ (for Success) and F​ (for Failure). The probability of S remains the same from trial to trial. The variable x is the number of​ S's in n trials. D. The experiment consists of n​ identical, dependent​trials, where there are only two possible​ outcomes, S​ (for Success) and F​ (for Failure). b. What is the value of​ p? Interpret this value. pequals=?(Type an integer or a​ decimal.) Choose the correct interpretation of p below. A. For any young​adult, the probability that they own a mobile phone with internet access is p. B. For any young​ adult, the probability that they do not own a mobile phone with internet access is p. C. For any young​adult, the probability that they own a mobile phone with internet access is npnp. D. For any young​ adult, the probability that they own a mobile phone with internet access is 1 minus p1−p. c. What is the expected value of​ x? Interpret this value. ​E(x)equals= nothing Choose the correct interpretation below. A. In a random sample of 500 young adults Upper E left parenthesis x right parenthesisE(x) will always be the number of young people surveyed that will own mobile phones with internet access. B. In a random sample of 500 young adults Upper E left parenthesis x right parenthesisE(x) is the average number of young people surveyed that will own mobile phones with internet access. C. In a random sample of 500 young adults Upper E left parenthesis x right parenthesisE(x) is the largest possible number of young people surveyed that will own mobile phones with internet access. D. In a random sample 500 young adults Upper E left parenthesis x right parenthesisE(x) is the average number of young people surveyed that will not own mobile phones with internet access.
Business
1 answer:
Andru [333]3 years ago
8 0

Answer:

a. C. The experiment consists of n​ identical, independent​ trials, where there are only two possible​ outcomes, S​ (for Success) and F​ (for Failure). The probability of S remains the same from trial to trial. The variable x is the number of​ S's in n trials.

b. A. For any young​ adult, the probability that they own a mobile phone with internet access is p.

c. A. In a random sample of 500 young adults Upper E left parenthesis x right parenthesis E(x) will always be the number of young people surveyed that will own mobile phones with internet access.

Explanation:

A binomial random variable is mostly used to show the number of successful results in a repeated number of binomial experiments. Thus, we can infer that the variable 'x' has the properties of a binomial random variable. The expected value of the variable 'x' is equivalent to the probability-weighted mean of all possible values of x.

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Machinery purchased for $61,800 by Swifty Co. in 2016 was originally estimated to have a life of 8 years with a salvage value of
Anettt [7]

Answer:

Explanation:

Before preparing the journal entry, we need to do some calculations which are shown below:

The computation of the depreciation expense under the straight line method is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($61,800 - $4,120) ÷ (8 years)

= ($57,680) ÷ (8 years)  

= $7,210

In this method, the depreciation is same for all the remaining useful life

The net book value would be

= Original cost - depreciation expense × number of years

= $61,800 - $7,210 × 5

= $61,800 - $36,050

= $25,750

Now the accumulated depreciation would be

= (Net book value - salvage value) ÷ number of years

= ($25,750 - $4,635) ÷ 5 years

= $4,223

The journal entry would be

Depreciation expense A/c Dr $4,223

      To Accumulated depreciation A/c $4,223

(Being the accumulated depreciation is recorded)

7 0
3 years ago
Real Losers, a diet magazine, collected $360,000 in subscription revenue in May. Each subscriber will receive an issue of the ma
Ray Of Light [21]

Answer: the correct answer is $210,000. The months is which the service was given were June, July, August, September, October, Nevember, December. The total service is $360,000 which means it is $30,000 monthly. (360,000 divided by 12). $30,000 times 7 months is $210,000.

Explanation: If a company is using the accrual basis accounting method it has to record its earned revenue when services are rendered, even though cash may be received at a later date..

7 0
3 years ago
Whats 2/5-3/7= A 1/2 B 5/12 C 14/15 D 29/35​
Ivahew [28]

Find common denominators. What you do to the denominator, you do to the numerator.

(2/5)(7/7) = 14/35

(3/7)(5/5) = 15/35

14/35 - 15/35 = -1/35

If you meant to put addition, then your answer will be D) 29/35.

14/35 + 15/35 = 29/35

~

6 0
3 years ago
Read 2 more answers
If Ford Motor Company builds a new auto plant in South Africa this is considered to be
Irina-Kira [14]

Group of options omitted and they are

a) brownfield investment only

b) brownfield and horizontal investment

c) greenfield and horizontal investment

d) greenfield and vertical investmen

Answer:c) greenfield and horizontal investment

Explanation:

A green-field investment is  foreign direct investment whereby a parent company establishes a new  subsidiary in a different or foreign  country, starting its operations from the scratch, ie building the establishment from ground up and not buying an already existing plant or structure..

By  horizontal direct investment , it  means that the  investor establishes  the same type of  operation in a different country as it operates in its home country, for example, Ford Motor Company  based in the United States building a new auto plant  in South Africa.

7 0
3 years ago
To estimate the average time taken to complete the Stat 121 final exam, instructors randomly selected 150 students that had prev
Sidana [21]

Answer:

The population mean

Explanation:

The confidence interval gives the probability that a certain population parametwr falls in between a pair values based on the given sample mean and a stated confidence level.

The confidence interval ; (98, 142) gives the pair of interval in which the population mean time taken in stat 121 finals at 98% level of confidence.

Hence, we can be 98% confident that the the population parameter would fall within 98 and 142.

7 0
3 years ago
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