About 5% of hourly paid workers in a region earn the prevailing minimum wage or less. A grocery chain offers discount rates to companies that have at least 30 employees who earn the prevailing minimum wage or less. Complete parts (a) through (c) below.(a) Company A has 285 employees. What is the probability that Company A will get the discount? nothing (Round to four decimal places as needed.)(b) Company B has 542 employees. What is the probability that Company B will get the discount? nothing (Round to four decimal places as needed.)(c) Company C has 1025 employees. What is the probability that Company C will get the discount?
About 5% of hourly paid workers in a region earn the prevailing minimum wage or less. A grocery chain offers discount rates to companies that have at least 30 employees who earn the prevailing minimum wage or less. Complete parts (a) through (c) below.(a) Company A has 285 employees. What is the probability that Company A will get the discount? nothing (Round to four decimal places as needed.)(b) Company B has 542 employees. What is the probability that Company B will get the discount? nothing (Round to four decimal places as needed.)(c) Company C has 1025 employees. What is the probability that Company C will get the discount?
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.3: Binomial Probability
Problem 33E: Sick leave probability that a given worker at Dyno Nutrition Will call in sick on a Monday is 004....
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Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
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About 5% of hourly paid workers in a region earn the prevailing minimum wage or less. A grocery chain offers discount rates to companies that have at least 30 employees who earn the prevailing minimum wage or less. Complete parts (a) through (c) below.
(a) Company A has 285 employees. What is the probability that Company A will get the discount?
nothing (Round to four decimal places as needed.)
(b) Company B has 542 employees. What is the probability that Company B will get the discount?
nothing (Round to four decimal places as needed.)
(c) Company C has 1025 employees. What is the probability that Company C will get the discount?
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