ZuoTi.Pro
Question

Suppose that 45 studentsare applying to a company. There are 5 job openings but 8 offers are made because typically a fe...

Suppose that 45 studentsare applying to a company. There are 5 job openings but 8 offers are made because typically a few students will turn down the job. Each student has a 60% chance of accepting a job offer, independent of the other student’s decisions. What is the CDF for the number of students who accept job offers?

math   Statistics-And-Probability   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

Let X denote the random variable of number of students accepting job offers. Since, there are 8 students who have got a job offer and each student has a 60% chance of accepting a job offer, independent of the other student’s decisions. So, X follows Binomial distribution with n = 8 and p = 0.6.

The CDF of binomial distribution is

Fx(α)Σ) 0.60/(0.4)6i when 0 8 jsr

when 0 Fx(x) 0

Fx(x) 1 when >8

0 0
Add a comment
Know the answer?
Add Answer to:
Suppose that 45 studentsare applying to a company. There are 5 job openings but 8 offers are made because typically a fe...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • Westmore MBA Program The MBA program at Westmore University has undergone several dramatic changes over the past five years. During this time, the goal of the business school was to recruit as many st...

    Westmore MBA Program The MBA program at Westmore University has undergone several dramatic changes over the past five years. During this time, the goal of the business school was to recruit as many students as possible into the MBA program in order to build up their student base and credit hour production. A massive campaign was launched five years ago in order to attract more applicants to the program. Special brochures containing information about the program were printed and mailed...

  • DCF analysis doesn't always lead to proper capital budgeting decisions because capital budgeting projects are not-Select-investments...

    DCF analysis doesn't always lead to proper capital budgeting decisions because capital budgeting projects are not-Select-investments like stocks and bonds. Managers can often take positive actions after the investment has been made to alter a project's cash flows. These opportunities are real options that offer the right but not the obligation to take some future action. Types of real options include abandonment, investment timing, expansion, output flexibility, and input flexibility. The existence of options can -Select projects' expected profitability,-Select their...

  • Hello! Could you please write your own four paragraph (5-6 sentences per paragraph) take away or...

    Hello! Could you please write your own four paragraph (5-6 sentences per paragraph) take away or reflection of the below information? Please complete in 24 hours if possible. Thank you! RIS BOHNET THINKS firms are wasting their money on diversity training. The problem is, most programs just don’t work. Rather than run more workshops or try to eradicate the biases that cause discrimination, she says, companies need to redesign their processes to prevent biased choices in the first place. Bohnet...

  • Difficulties Attracting and Retaining Human Capital in the Nursing Profession Imagine a job that pays well...

    Difficulties Attracting and Retaining Human Capital in the Nursing Profession Imagine a job that pays well above national averages and provides many opportunities for continuing education, specialization, and career advancement. It allows you to be active every day and to make a real difference in others’ lives, along with the kind of scheduling flexibility some describe as “fantastic!”208 Would you sign up? Strong salaries, lifelong learning opportunities, three-day workweeks, and meaningful work are common facets of a nursing career. And...

  • Direction: review the eassy prof it and summerize it. Add thesis with it. make changes if...

    Direction: review the eassy prof it and summerize it. Add thesis with it. make changes if posible Title The coporate puzzel When all you believe is people behind you until they turn their back on you. Times are hard when you are not to be worried about anything in life. I had a great job with a very working paid. Things were going smoothly until one day I had a call to my manager’s office saying he will like to...

  • Case Study #1 SUPPLY CHAIN MANAGEMENT AT BOSE CORPORATION Bose Corporation, headquartered in Framingham, Massachusetts, offers...

    Case Study #1 SUPPLY CHAIN MANAGEMENT AT BOSE CORPORATION Bose Corporation, headquartered in Framingham, Massachusetts, offers an excellent example of integrated supply chain management.   Bose, a producer of audio premium speakers used in automobiles, high-fidelity systems, and consumer and commercial broadcasting systems, was founded in 1964 by Dr. Bose of MIT.   Bose currently maintains plants in Massachusetts and Michigan as well as Canada, Mexico, and Ireland.   Its purchasing organization, while decentralized, has some overlap that requires coordination between sites.   It...

  • i have the case study question with the answers but i need help to re-write the...

    i have the case study question with the answers but i need help to re-write the answers. please see the attached files Case Study Analysis (CSF3003) Assessment Description and Requirements CLO1: Case Study 1 Ahmad lef home to study master and PhD in Australia. He has fees for the first semester only. After he arrived to Sydney and settled down, he start looking for a part-time job to save money for the next term. Ahmad has some experience on making...

  • Rush Inuit is an impulsive, fly-by-the-seat-of-his-pants kind of guy. His best friend, Stu Earley, is the...

    Rush Inuit is an impulsive, fly-by-the-seat-of-his-pants kind of guy. His best friend, Stu Earley, is the exact opposite – cautious and reluctant. The two are recent UNCG graduates who roomed together all … ahem … eight years. You know who they are even though they graduated last year because everyone on campus knows Rush and Stu – they’re legends on the social scene. To make ends meet during college, Rush and Stu organized fun trips to exciting destinations and charged...

  • THE COMPANY: MORE POWER, INC. More Power, Inc., is a large, local retail store specializing in...

    THE COMPANY: MORE POWER, INC. More Power, Inc., is a large, local retail store specializing in the sale and service of hardware, tools, lawn and garden implements, and other materials for the home. More Power operates seven days a week, dawn to dusk. Approximately 120 employees work in distinct divisions within the store, including customer service/return desk; warehouse and delivery; service and repair; and three distinct sections focused on (1) hardware and tools, (2) lawn and garden and outdoors, and...

  • Domino’s Global Marketing Domino’s made its name by pioneering home delivery service of pizza in the...

    Domino’s Global Marketing Domino’s made its name by pioneering home delivery service of pizza in the United States. The company was founded in 1960 in Ypsilanti, Michigan, by Tom Monaghan and his brother, Jim. Domino’s Pizza was sold to Bain Capital in 1998 and went public in 2004. Before that, on May 12, 1983, Domino’s opened its first store internationally—in Winnipeg, Canada. And, in 2012, Domino’s Pizza removed the word “Pizza” from the logo to emphasize its non-pizza products. Its...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
Active Questions
ADVERTISEMENT