F , what is the truncation error for S3? 0.016 0.031 0.219 0.234
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Answer:
0.1527
Step-by-step explanation:
Given that a researcher wishes to conduct a study of the color preferences of new car buyers.
Suppose that 50% of this population prefers the color red
15 buyers are randomly selected
Let X be the no of buyers who prefer red.
X has exactly two outcomes red or non red.
Also each buyer is independent of the other
Hence X is binomial with p = 0.5 and n = 15
Required prob =The probability that exactly three-fifths of the buyers would prefer red
= P(X=9)
=
=