(7 remaining) The Center for Medicare and Medical Services reported that there were 295,000 appeals for hospitalization and other Part A Medicare service. For this group, 40% of first round appeals were successful (The Wall Street Journal). Suppose 10 first-round appeals have just been received by a Medicare appeals office. Refer to Binomial Probability Table. Round your answers to four decimal places. a. Compute the probability that none of the appeals will be successful. b. Compute the probability that exactly one of the appeals will be successful. c. What is the probability that at least two of the appeals will be successful? d. What is the probability that more than half of the appeals will be successful?
(7 remaining) The Center for Medicare and Medical Services reported that there were 295,000 appeals for hospitalization and other Part A Medicare service. For this group, 40% of first round appeals were successful (The Wall Street Journal). Suppose 10 first-round appeals have just been received by a Medicare appeals office. Refer to Binomial Probability Table. Round your answers to four decimal places. a. Compute the probability that none of the appeals will be successful. b. Compute the probability that exactly one of the appeals will be successful. c. What is the probability that at least two of the appeals will be successful? d. What is the probability that more than half of the appeals will be successful?
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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The Center for Medicare and Medical Services reported that there were 295,000 appeals for hospitalization and other Part A Medicare service. For
this group, 40% of first round appeals were successful (The Wall Street Journal). Suppose 10 first-round appeals have just been received by a
Medicare appeals office. Refer to Binomial Probability Table.
Round your answers to four decimal places.
a. Compute the probability that none of the appeals will be successful.
b. Compute the probability that exactly one of the appeals will be successful.
c. What is the probability that at least two of the appeals will be successful?
d. What is the probability that more than half of the appeals will be successful?
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