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never [62]
3 years ago
7

According to a survey reported in the Business Week, 30% of adults in the U.S. said that the cell phone is the invention that th

ey hate most but cannot live without. If a random sample of 6 adults in the U.S. is selected, find the probability that at least 3 in the sample hold this opinion. (a) .1852 (b) .0595 (c) .0102 (d).0007 (e) .2556
Business
1 answer:
zalisa [80]3 years ago
5 0

Answer:

Explanation:

To calculate, the binomial distribution  formula can be applied

P(X)= nCx * Px * (1 - P)^(n - x)

Random sample of 6 adults:

P(X≥3) = P(X=3) + P(X=4) + P(X=5) + P(X=6)

(6 C 3​)0.30^3 * 0.7(6-3) + (6 C 4​)0.30^4* 0.7^(6-4) +(6 C 5​)0.30^5* 0.7^(6-5) + (6 C 6)0.30^6* 0.7^(6-6) =

0.1852+0.0595+0.0102+0.0007

= 0.2556

[6 C 3 = 6!/(6-3)!3! = 1*2*3*4*5*6/1*2*3*1*2*3, and to calculate others apply to this formula]

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Answer:

Explanation:

From the information povided:

(a) To compute the amount of goodwill paid by Chicago Corporation

Particulars                                            Amount ($)

Accounts Receivable                           100000

Inventory                                               170000

Plant & Equipment                               400000

Land                                                        90000

Customer List                                            4000

Trade Names                                          <u> 16000</u>

     NET ASSETS  (A)                             <u>780000</u>

<u />

Current liabilities                                     76000

Non-current liabilities                            <u>160000 </u>

      NET LIABILITIES (B)                        <u> 236000</u>

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PURCHASE  CONSIDERATION (A -B)   544000

<u>Less:</u>  Cash Paid                                    <u>  580000</u>

          GODWILL                                    <u>    36000 </u>

<u />

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Accounts Receivable A/C                  100000

Inventory A/C                                       170000

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Land A/C                                                 90000

Customer List A/C                                    4000

Trade Names A/C                                   16000

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Non-Current Liabilities A/C                                             160000

Cash A/C                                                                          580000

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