Answered: r b) and c) below, name the…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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In 2019, 80% of S&P 500 companies produced a sustainability report (that’s up from only 30% in2012). Suppose you sampled random S&P 500 companies in 2019. Use MINITAB/SPSS/R to answer b) and c) below (or you can use the formula and do by hand).

For b) and c) below, name the distribution of the random variable described.

b. If you sample 5 companies, what is the probability that exactly four companies produce a sustainability report?
c. If you sample 20 companies, what is the probability that 18 or more companies produce a sustainability report?

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