Question 7 1 pts For a binomial distribution with n = 396 and p = 0.45,...
The denver post stated that 80% of all new products introduced in grocery stores fail within in 2 years.If a grocery store chain introduces 66 new products,what is the probability that within 2 years 47 or more will fail?
The Denver Post reported that 80% of all new products introduced in grocery stores fail within 2 years. If a grocery store chain introduces 100 new products, what is the probability that within 2 years 85 or more will fail? 2. If X is normally distributed with and mean is 18.8 and standard deviation is 1.75 , calculate the probability P(x>14.6) .
In the following problem, check that it is appropriate to use the normal approximation to the binomial. Then use the normal distribution to estimate the requested probabilities. It is known that 82% of all new products introduced in grocery stores fail (are taken off the market) within 2 years. If a grocery store chain introduces 64 new products, find the following probabilities. (Round your answers to four decimal places.) (a) within 2 years 47 or more fail (b) within 2...
In the following problem, check that it is appropriate to use the normal approximation to the binomial. Then use the normal distribution to estimate the requested probabilities It is known that 77% of all new products introduced in grocery stores fail (are taken off the market) within 2 years. If a grocery store chain introduces 64 new products, find the following probabilities (Round your answers to four decimal places.) (a) within 2 years 47 or more fail (b) within 2...
In the following problem, check that it is appropriate to use the normal approximation to the binomial. Then use the normal distribution to estimate the requested probabilities. It is known that 75% of all new products introduced in grocery stores fail (are taken off the market) within 2 years. If a grocery store chain introduces 62 new products, find the following probabilities. (Round your answers to four decimal places.) (a) within 2 years 47 or more fail (b) within 2...
In the following problem, check that it is appropriate to use the normal approdimation to the binomial. Then use the normal distribution to estimate the requested probabilities. it is known that 76% of all new products introduced in grocery stores fall are taken off the market) within 2 years. If a grocery store chain introduces 70 new products, find the following probabilities. (Round your answers to four decimal places.) (a) within 2 47 or more fail ase within 2 years...
In the following problem, check that it is appropriate to use the normal approximation to the binomial. Then use the normal distribution to estimate the requested probabilities. Ocean fishing for billfish is very popular in the Cozumel region of Mexico. In the Cozumel region about 45% of strikes (while trolling) resulted in a catch. Suppose that on a given day a fleet of fishing boats got a total of 25 strikes. Find the following probabilities. (Round your answers to four...
Question 22 1 pts These three questions refer to the same scenario. An accountant at a chain of grocery stores has to choose a new job, and is considering various options. If we think of human capital as a set of skills, and jobs as a set of tasks, which of the jobs listed below has the lowest expected wage loss? (b) A supply chain manager at a chain of grocery stores (c) A grocery store manager O (b) has...
1. In the following problem, check that it is appropriate to use the normal approximation to the binomial. Then use the normal distribution to estimate the requested probabilities. It is known that 76% of all new products introduced in grocery stores fail (are taken off the market) within 2 years. If a grocery store chain introduces 63 new products, find the following probabilities. (Round your answers to four decimal places.) (a) within 2 years 47 or more fail (b) within...
Question 6 2 pts The expected value of a binomial probability distribution with n=14 and p-0.56 is 25.0 0 7.84 O 56.0 6.16 O 0.560 Not enough information to answer the question 44.0