Zocon Associates Market research found out that 35% of Africans do not think having a college education is important to succeed in the business world. If a random sample of eight Europeans is selected, find these probabilities. More than five people will agree with that statement. At most four people will agree with that statement. At least two people will agree with that statement. Nobody agrees with that statement. (e)        Determine the mean and variance of this distribution.

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A: Given,n=20p=0.96Let X=no.of lamps pass final inspection.X~Binomial(n=20 , p=0.96)P(X=x)=cxn…

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Q: Are your finances, buying habits, medical records, and phone calls really private? A real concern…

A: Givenp=0.54n=4Let "x" be the no.of employers are monitoring phone calls x~Binomial(n=4 ,…

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A: Let X be random variable denoting the events that adults are monitored by the employer with…

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Q: Are your finances, buying habits, medical records, and phone calls really private? A real concern…

A:

Q: Are your finances, buying habits, medical records, and phone calls really private? A real concern…

A: Solution: Let X be the random variable that the number of  employers are monitoring phone calls. The…

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Q: A company conducts a study that indicates that an exploratory oil well should have a 25% chance of…

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Q: 16. In a Poisson Distribution, the mean and variance are equal. a) True b) False

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A: Hey there! Thank you for posting the question. Since your question has more than 3 parts, we are…

Q: In

A: This a binomial distribution. Using the formula of expectation and variance of a binomial…

Q: Are your finances, buying habits, medical records, and phone calls really private? A real concern…

A: Given P=0.51

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Q: Are your finances, buying habits, medical records, and phone calls really private? A real concern…

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Q: A company has 10 PCs in stock. Although the equipment is new, there are 4 that do not work properly.…

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Q: Are your finances, buying habits, medical records, and phone calls really private? A real concern…

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Q: Are your finances, buying habits, medical records, and phone calls really private? A real concern…

A: Given, p=0.38 n=5 q=1-p=1-0.38=0.62   Probability mass function of binomial random variable is,…

Q: Are your finances, buying habits, medical records, and phone calls really private? A real concern…

A: Given that,  Probability, p= 48% = 0.48 We know that q= 1-p= 0.52  Sample size, n= 6 So X~binomial…

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.