The workers in a factory are organized into five-person teams. When conducting a work-environment survey, a researcher randomly
1 answer:
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Answer:
The probability that exactly one of these mortgages is delinquent is 0.357.
Step-by-step explanation:
We are given that according to the Mortgage Bankers Association, 8% of U.S. mortgages were delinquent in 2011. A delinquent mortgage is one that has missed at least one payment but has not yet gone to foreclosure.
A random sample of eight mortgages was selected.
The above situation can be represented through Binomial distribution;
where, n = number of trials (samples) taken = 8 mortgages
r = number of success = exactly one
p = probability of success which in our question is % of U.S.
mortgages those were delinquent in 2011, i.e; 8%
<em>LET X = Number of U.S. mortgages those were delinquent in 2011</em>
So, it means X ~
Now, Probability that exactly one of these mortgages is delinquent is given by = P(X = 1)
P(X = 1) =
=
= 0.357
<u><em>Hence, the probability that exactly one of these mortgages is delinquent is 0.357.</em></u>
Answer: 1.25
Step-by-step explanation:
Given: A college-entrance exam is designed so that scores are normally distributed with a mean = 500 and a standard deviation
= 100.
A z-score measures how many standard deviations a given measurement deviates from the mean.
Let Y be a random variable that denotes the scores in the exam.
Formula for z-score =
Z-score =
⇒ Z-score =
⇒Z-score =1.25
Therefore , the required z-score = 1.25