Hi! does the problem give any numbers
23x36=828
This should be your answer
Answer:
a) It can be used because np and n(1-p) are both greater than 5.
Step-by-step explanation:
Binomial distribution and approximation to the normal:
The binomial distribution has two parameters:
n, which is the number of trials.
p, which is the probability of a success on a single trial.
If np and n(1-p) are both greater than 5, the normal approximation to the binomial can appropriately be used.
In this question:
So, lets verify the conditions:
np = 201*0.45 = 90.45 > 5
n(1-p) = 201*(1-0.45) = 201*0.55 = 110.55 > 5
Since both np and n(1-p) are greater than 5, the approximation can be used.
A small company plans to invest in a new advertising campaign.
There is a 20% chance that the company will lose $5,000 ,
50% chance of a break even, and a 30% chance of a $10,000 profit
So the expected value from the advertisement campaign is calculated as - 20% of 5000 + 0% of 5000 + 30% of 10,000
= -1000 + 0 + 3000
= 2000
The expected value from the advertisement campaign is $2000.
So the Company must go ahead with the campaign.
Answer : Option A
Hope it helps.
Thank you ..!!
A straight line needs two pieces of information to be identified, a gradient and a y-intercept (technically any point will do but the y-intercept is particularly convenient if we have it).
The gradient is calculated by taking two points on the line, and dividing the change in y-coordinate by the change in x-coordinate between them. I'm going to take the points (0,-3) and (2,-2).
The change in y-coordinate is (-2) - (-3) = 1
The change in x-coordinate is (2) - (0) = 2.
Gradient = m = 1/2
Next we identify the y-intercept, the value of y when x = 0. This value is -3, and we call it c.
The equation of a line in slope-intercept form is y = mx + c. Slotting in the values for m and c we have ascertained, we find that the equation of this line is:
y = (1/2)x - 3
I hope this helps :)
