During one year, a particular mutual fund outperformed the S&P 500 index 39 out of 52 weeks. Find the probability that it would perform as well or better again, The probability is (Round to four decimal places as needed.)

Q: Twenty percent of all telephones of a certain type are submitted for service while under warranty.…

A: Given : 20% of all telephones of a certain type are submitted for service Out of these 60% get…

Q: From experience, the manager of Kramer's Book Mart knows that 60% of the people who are browsing in…

A:

Q: In an experiment consisting of three flips of a fair coin, what is the probability that the first…

A: Given that  In an experiment consisting of three flips of a fair coin what is the probability that…

Q: A man purchased a $25,000, 1-year term-life insurance policy for $350. Assuming that the probability…

A: Given:A man purchased a $25,000, 1-year term-life insurance policy for $350.The probability that he…

Q: at the bank of california, past data show that 8% of all credit card holders default at some time in…

A:

Q: The mayor of a town estimates that 65% of the residents in the town favor a raise of taxes to…

A: Given information: p=The probability of residents in the town favor a raise =65%=0.65 400 people…

Q: An insurance company has written 100 policies for $75,000, 500 policies for $20,000, and 1000…

A:

Q: In a large population, 57 % of the people have been vaccinated. If 5 people are randomly selected,…

A: We have given that  Sample size n= 5 Success of probability p=57%=0.57 X~binomial ( n ,p)

Q: The ABCD ELECTRONICS has just manufactured 5000 blu-rays, and 50 are defective  if 5 of these…

A:

Q: For a sales promotion, the manufacturer places winning symbols under the caps of 29% of all its soda…

A:

Q: Refer again to the data from the MBA new-matriculants survey in exercise 52. Given that a person…

A:

Q: the probability that the husband of an employed woman was also employed.

A: Given: Total husbands employed P(H) =  0.94 Total unemployed husbands P(H') =1-0.94= 0.06 Total…

Q: On average, Connor has noticed that 20 trains pass by his house daily (24 hours) on nearby train…

A: Let X be the number of trains passing by his house

Q: A man purchased a $23,000, 1-year term-life insurance policy for $400. Assuming that the probability…

A: Given that probability that he will live for another year = 0.987 Probability that he will die…

Q: Based on a USA Today poll, assume that 10% of the population believes that college is no longer a…

A: From the given information, the number of people are randomly selected n = 16. Let X be event that…

Q: According to a recent study, 1 in every 10 women has been a victim of domestic abuse at some point…

A:

Q: Suppose that on the average, 8 students enrolled in a small liberal arts college have their…

A:

Q: The weatherman has been correct on the temperature two out of the past 30 days what is the…

A: From the given data:   Let X be the number of success x=2   Let N be the number of trials n=30

Q: What is the probability that at least two of five unrelated persons share the same birthday? (Round…

A: Using the complement rule, the probability that at least two people have the same birthday in a…

Q: According to a study conducted by a public health school, a child seated in the front seat who was…

A: Consider the given information.

Q: Two regular six sided dice are tossed, one at a time. compute the probability that the pips on both…

A: For each die, there are 6 possible outcomes.  So for 2 six-sided dice, there are 62=36 outcomes.…

Q: Given that every twenty-ninth person in line will get a coupon for a free box of popcorn at the…

A: Given that, Every twenty-ninth person in line will get a coupon

Q: A manufacturer estimates that 1.5% of his output of a small item is defective. Find the probability…

A: We have to find probability using exact bínomial distributaion.

Q: If a seed is planted, it has a 95% chance of growing into a healthy plant. If 11 seeds are…

A:

Q: According to an article, 10.5% of Internet stocks that entered the market in 1999 ended up trading…

A:

Q: If new cases of West Nile in New England are occurring at a rate of about 2 per month, then what’s…

A: n = 6x = 4p(x)=nxpxqn-xp = 4/6 = 2/3q = 1 - p = 1 - 2/3 = 1/3p(x)=nxpxqn-x…

Q: According to an article, 22.6% of Internet stocks that entered the market in 1999 ended up trading…

A:

Q: A fair die is rolled six times. What is the probability that it comes up 2 at least once

A: Binomial distribution:The binomial distribution gives the probability of number of successes out of…

Q: As a promotional offer, a newly opened movie theatre is awarding 22% of their new patrons with a…

A:

Q: A recent study has shown that a new treatment cures a certain disease 66% of the time. If this…

A: We have to use Binomial distribution. Binomial distribution : If x follows Binomial distribution…

Q: A company that manufactures video cameras produces a basic model and a deluxe model. Over the past…

A: Given data:   The percentage of the basic model camera sold is: P(B)=40%=0.40 The percentage of the…

Q: In a recent year, there were 2,515,458 deaths, and 787,650 of them were due to cardiovascular…

A: Total number of deaths = 2515458Number of deaths due to cardiovascular disease = 787650…

Q: Based on this table, what is the probability that a student shows improvement if it is known that…

A: The data is given by   Improvement No improvement Total Attend 190 50 240 Not attend 200 200…

Q: An agent sells life insurance policies to five equally aged, healthy people. According to recent…

A: Given, p = 3/5 = 0.6 n = 5

Q: According to a recent article the average number of babies born with significant hearing loss…

A:

Q: The probability that both locations will have high sales next quarter is (E)

A: Here Given  Automobile dealer owns two dealership at two different location  And Probability of…

Q: A man purchased a $22,000, 1-year term-life insurance policy for $400. Assuming that the probability…

A: Formula used:

Q: Of 300 male and 270 female employees at the home office of Gibraltar Insurance Company, 140 of the…

A: For a randomly selected employee,Let M denote the event that the employee is a man.Let F denotes the…

Q: In a new fiber-optic communication system, transmission errors occur at the rate of 2.5 per ten…

A: Obtain the probability that more than five errors will occur during the next minute.   The…

Q: A man purchased a $26,000, 1-year term-life insurance policy for $375. Assuming that the probability…

A: The probability that the man will live another year= 0.99 =the probability that the company loses…

Q: with a mean life of 500 hours. Suppose that the component was in operation for 400 hours. What is…

A: Since you have asked multiple question, according to our guidelines we will solve the first question…

Q: A woman purchased a $15,000 1-year term-life insurance policy for $200. Assuming that the…

A: Expected value:The expected value of a random variable is the sum of the possible values that the…

Q: From experience, the manager of Kramer's Book Mart knows that 30% of the people who are browsing in…

A: Given dataProbability of the people who are browsing in the store will make a purchase…

Q: A company that makes remote control aeroplanes believes that 6% of purchased planes are returned…

A:

Q: According to a study conducted by a public health school, a child seated in the front seat who was…

A:

Q: At a store, the average number of customers entering is 25 persons per half an hour. What is the…

A:

Q: seat who was wearing a seatbelt was 33% more likely to be killed in an accident if the car had an…

A:

Q: Based on a study by Dr. P. Sorita at Indiana University, approximately 12% of people have green…

A: It is given that n =0.12 and n = 650.