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28. 2/4 POINTS PREVIOUS ANSWERS BBBASICSTAT8 7.6.011. MY NOTES ASK YOUR TEACHER 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 81% of all new products introduced in grocery stores fail (are taken off the market) within 2 years. If a grocery store chain introduces 65 new products, find the following probabilities. (Round your answers to four decimal places.) (a) within 2 years 47 or more fail .9738 (b) within 2 years 58 or fewer fail .9678 (c) within years 15 or more succeed (d) within 2 years fewer than 10 succeed Need Help? Talk to a Tutor Viewing Saved Work Revert to Last Response Submit Answer Practice Another Version

28. 2/4 POINTS PREVIOUS ANSWERS BBBASICSTAT8 7.6.011. MY NOTES ASK YOUR TEACHER 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 81% of all new products introduced in grocery stores fail (are taken off the market) within 2 years. If a grocery store chain introduces 65 new products, find the following probabilities. (Round your answers to four decimal places.) (a) within 2 years 47 or more fail .9738 (b) within 2 years 58 or fewer fail .9678 (c) within years 15 or more succeed (d) within 2 years fewer than 10 succeed Need Help? Talk to a Tutor Viewing Saved Work Revert to Last Response Submit Answer Practice Another Version

Calculus For The Life Sciences
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.CR: Chapter 13 Review
Problem 8CR
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28. 2/4 POINTS PREVIOUS ANSWERS BBBASICSTAT8 7.6.011. MY NOTES ASK YOUR TEACHER 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 81% of all new products introduced in grocery stores fail (are taken off the market) within 2 years. If a grocery store chain introduces 65 new products, find the following probabilities. (Round your answers to four decimal places.) (a) within 2 years 47 or more fail .9738 (b) within 2 years 58 or fewer fail .9678 (c) within years 15 or more succeed (d) within 2 years fewer than 10 succeed Need Help? Talk to a Tutor Viewing Saved Work Revert to Last Response Submit Answer Practice Another Version
Transcribed Image Text:28. 2/4 POINTS PREVIOUS ANSWERS BBBASICSTAT8 7.6.011. MY NOTES ASK YOUR TEACHER 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 81% of all new products introduced in grocery stores fail (are taken off the market) within 2 years. If a grocery store chain introduces 65 new products, find the following probabilities. (Round your answers to four decimal places.) (a) within 2 years 47 or more fail .9738 (b) within 2 years 58 or fewer fail .9678 (c) within years 15 or more succeed (d) within 2 years fewer than 10 succeed Need Help? Talk to a Tutor Viewing Saved Work Revert to Last Response Submit Answer Practice Another Version
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