What is the X and Y value?
2 answers:
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Answer:
a) 0.0523 = 5.23%
b) 0.9477 = 94.77%
c) 0.2242 = 22.42%
d) YES
Step-by-step explanation:
This situation could be modeled with a binomial distribution where
The probability of getting exactly k “successes” in n trials is given by
Where p is the probability of “success”.
In this case we can assume that “success” is the fact that the household interviewed is tuned to Found.
So, p=0.19 and n = 14 (the households interviewed).
a)
The probability that none of the households are tuned to Found is P(X=0)
b)
The probability that at least one household is tuned to Found is
1- P(X=0) = 1-0.0523 = 0.9477 = 94.77%
c)
The probability that at most one household is tuned to Found is P(X=0)+P(X=1)
d)
According to this sample, the probability that more than one household is tuned to Found would be 100%-22.42% = 77.58%, so it does appear that the 19% share value is wrong.