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2 answers:
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Solution :
a). According to the reports, 53.0% of the American households still have a landline phone service. Out of which 8 households are randomly called.
Here, the landline phone service is p = 53.0%
n = 8
Therefore, q = 1 - p
= 1 - 0.53
= 0.47
here we use the binomial distance because the probability of having the landline phone service is constant and the number of the trial are finite.
b). Let x be the number of household in the sample group having landline phone service.
Probability that none of the household in the sample group have a landline service is
= P( x = 0)
= 0.002 (using the binomial calculation )
c). Probability that exactly 5 of the household in the sample have a landline service is given by :
P(x = 5)
= 0.24
Answer:
0.6844 is the required probability.
Step-by-step explanation:
We are given the following information in the question:
Mean, μ = $1,250
Standard Deviation, σ = $125
We are given that the distribution of daily sales is a bell like shaped distribution that is a normal distribution.
Formula:
We have to find
P(sales less than $1,310)
Calculation the value from standard normal z table, we have,
0.6844 is the probability that sales on a given day at this store are less than $1,310.