I need help on this home work
2 answers:
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Answer:
B. the trials must be dependent
Step-by-step explanation:
The image for the question is attached.
The missing options are;
A. The probability of a success remains the same in all trials.
B. The trials must be dependent.
C. Each trial must have all outcomes classified into two categories.
D. The procedure has a fixed number of trials.
For a binomial distribution probability, the event must be repeated for a number of time (n) and the probability of success (q) must be the same during each trial.
Binomial distribution probability has two possible outcome: success (p) or failure (q). The event are also independent of each other.
The formula for a binomial distribution probability is given as:
P(X=x) = nCx (p ^ x) (q ^ (n-x))
From the above, we can see that the answer is:
B. the trials must be dependent
Answer:
To be dropped, the client must have debts of $949.40 or lower.
Step-by-step explanation:
When the distribution is normal, we use the z-score formula.
In a set with mean and standard deviation
, the zscore of a measure X is given by:
The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
In this question:
Bottom 2.5%
The 2.5th percentile and lower.
The 2.5th percentile is X when Z has a pvalue of 0.025. So X when Z = -1.96. Then
To be dropped, the client must have debts of $949.40 or lower.