For a binomial probabiüity function with P=0.5 and n=14, find the probabilty that the nurmber of successes is equal to 7.
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For a binomial probabiüity
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- If a binomial experiment has probability p success, then the probability of failure is ____________________. The probability of getting exactly r successes in n trials of this experiment is C(_________, _________)p (1p)From 2000 to 2023, the number of people in Virginia (in millions) can be modeled by P=0.08x+6.97 where x = 0 corresponds to the year 2000. What is the expected population in 2019A mail order company has an 8% success rate. If it mails advertisements to 502 people, find the probability of getting less than 34 sales. Round z -value calculations to 2 decimal places and final answer to at least 4 decimal places. P(X<34)=
- A mail order company has an 8% success rate. If it mails advertisements to 562 people, find the probability of getting less than 38 sales. Round z-value calculations to 2 decimal places and final answer to at least 4 decimal places. P (X<38) = Thank you!The equation below estimates the effect of race on the probability of mortgage denial, holding constant the payment-to-income ratio. Pr (deny=1|P/I ratio, black) =(-2.29+2.78P/I ratio +0.71 black) (0.16) (0.46) (0.087) A black mortgage applicant has a P/l ratio of 0.38. What is the predicted probability that his application will be denied? The predicted probability that his application will be denied is%. (Express your response as a percentage and round to two decimal places)Find the value of P(X=1),for a binomial distribution where mean is equal to 3 having 6 trails.
- Starbucks wants to check how they are doing on their drive-thru pick up times. The franchise owner has determined that drive thru pick up times should not exceed 4 minutes. He randomly selects 50 customers to see if the pick-up time exceeds the 4 minute window. Suppose the P-value for the test was found to be 0.018. State the correct conclusion. [ Options for the answer in image. Thank you! <3]The equation below estimates the effect of race on the probability of mortgage denial, holding constant the payment-to-income ratio. Pr(deny = 1|P/I ratio, black) = 0(-2.21 + 2.73P/I ratio + 0,75black) %3! (0.16) (0.45) (0.085) A black mortgage applicant has a PA ratio of 0.39. What is the predicted probability that his application will be denied? The predicted probability that his application will be denied is 34.64 %. (Express your response as a percentage and round to two decimal places) o Suppose that the applicant reduced this ratio to 0.31. What effect would this have on his predicted probability of being denied a mortgage? The predicted probability of being denied a mortgage would decrease by 7.67 percentage points. (Round your response to two decimal places) ck A white mortgage applicant has a P/I ratio of 0.36. What is the predicted probability that his application will be denied? on The predicted probability that his application wil be denied is%. ory (Express your response…(Q2) A store room measured in length equal to (5m + 3 cm), measured width equal to (4m 2cm) measured height equal to (3m + 4 cm), find the total volume of this room and the standard deviation.
- Find the mean for n = 300 and p = 0.3 when the conditions for the binomial distribution are met.P(z < 2.56) =The time (in minutes) between telephone calls at an insurance claims office has the exponential probability distribution: f(x)=0.50e-0.50x for x ≥ 0 What is the mean time between telephone calls? What is the probability of 30 seconds or less between telephone calls? What is the probability of 1 minute or less between telephone calls? What is the probability of 5 or more minutes without a telephone call?