Answer:
The probability that there are 2 or more fraudulent online retail orders in the sample is 0.483.
Step-by-step explanation:
We can model this with a binomial random variable, with sample size n=20 and probability of success p=0.08.
The probability of k online retail orders that turn out to be fraudulent in the sample is:
We have to calculate the probability that 2 or more online retail orders that turn out to be fraudulent. This can be calculated as:
![P(x\geq2)=1-[P(x=0)+P(x=1)]\\\\\\P(x=0)=\dbinom{20}{0}\cdot0.08^{0}\cdot0.92^{20}=1\cdot1\cdot0.189=0.189\\\\\\P(x=1)=\dbinom{20}{1}\cdot0.08^{1}\cdot0.92^{19}=20\cdot0.08\cdot0.205=0.328\\\\\\\\P(x\geq2)=1-[0.189+0.328]\\\\P(x\geq2)=1-0.517=0.483](https://tex.z-dn.net/?f=P%28x%5Cgeq2%29%3D1-%5BP%28x%3D0%29%2BP%28x%3D1%29%5D%5C%5C%5C%5C%5C%5CP%28x%3D0%29%3D%5Cdbinom%7B20%7D%7B0%7D%5Ccdot0.08%5E%7B0%7D%5Ccdot0.92%5E%7B20%7D%3D1%5Ccdot1%5Ccdot0.189%3D0.189%5C%5C%5C%5C%5C%5CP%28x%3D1%29%3D%5Cdbinom%7B20%7D%7B1%7D%5Ccdot0.08%5E%7B1%7D%5Ccdot0.92%5E%7B19%7D%3D20%5Ccdot0.08%5Ccdot0.205%3D0.328%5C%5C%5C%5C%5C%5C%5C%5CP%28x%5Cgeq2%29%3D1-%5B0.189%2B0.328%5D%5C%5C%5C%5CP%28x%5Cgeq2%29%3D1-0.517%3D0.483)
The probability that there are 2 or more fraudulent online retail orders in the sample is 0.483.
Answer: Inferential.
It is inferential because the survey takes its conclusion(inference) from a sample of the country's population and generalized it on the entire population.
If the results of a survey were claimed to indicate that 7.8% of adults in this country who own digital cameras plan to replace their cameras in the next 12 months. would you say this statement is descriptive or inferential, why?
Step-by-step explanation:
It is inferential because the survey takes its conclusion(inference) from a sample of the country's population and generalized it on the entire population. this claim requires an inference to the population. For example, you might stand in a mall and ask a sample of 200 people if they like shopping at ShopRite. You could make a bar chart of yes or no answers (that would be descriptive statistics) or you could use your research (and inferential statistics) to reason that around 50-75% of the population (all shoppers in malls) like shopping at ShopRite.
Answer: 28
Step-by-step explanation: Plugging them in, it would be -2 - (-6)(5).
- 2 - (-30)
-2 + 30
28
X = 0.4/3
x = 13
if answer is wanted in decimal form.
Answer:
Number of dimes = 34
Number of nickels = 13
Step-by-step explanation:
Total number of coins = 47
Coins are in the form of nickels and dimes.
Value of a nickel = 5 cents
Value of a dime = 10 cents
Total value of coins = $4.05 or 405 cents
To find:
Number of nickels and dimes?
Solution:
Let number of nickels = 
Money value of nickels = 5
Let number of dimes = 
Money value of dimes = 10
Total value of coins = 
This value is given as equal as 405.
As per question statement, the equations can be written as:
Multiplying equation (2) with 5 and subtracting from equation (1):
Number of dimes = 34
Number of nickels = 47 - 34 = 13
