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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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An investment earns 35% the first year, earns 40% the second year, and loses 37% the third year. The total compound return over
svetoff [14.1K]

Answer:

19.07%

Explanation:

The computation of the total compound return over the 3 years is shown below:

= (1 + investment percentage earned in first year) × (1 +  investment percentage earned in second year)  × (1 +  investment percentage loss in second year)

= (1 + 0.35) × (1 + 0.40) × (1 - 0.37)

= 1.35 × 1.40 × 0.63

= 1.1907

= 19.07%

7 0
3 years ago
Bobby decides to sell lemonade on a hot summer day. If Bobby sells 25 glasses of lemonade for $5.00 per cup, and his average tot
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Answer:

$ 120.60

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5 0
2 years ago
Which of the following is a result of unemployment that is very low? a. The few people who are unemployed stop looking for jobs.
hammer [34]

Answer:

Option "C"  is correct.

Explanation:

Option "c" is correct because companies are facing difficulties in the recruitment of workers which exhibits that few workers are available in the market. That means the company does not have enough options regarding the workers so it finds difficulty in the recruitment. Moreover, the availability of few workers means unemployment is very low.

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Many small businesses choose to outsource their payroll activities to firms that specialize in providing payroll services. Dolor
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Answer:

revenue cycle

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Since revenue cycle is capturing of bills and payment for product or service rendered. The work mentioned in the problem is part of revenue cycle.

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