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A recent survey by the American Accounting Association revealed that 23 percent of students graduating with a major in accounting select public...
A recent survey by the American Accounting Association revealed that 23 percent of students graduating with a major in accounting select public accounting. A random sample of 15 recent Davenport accounting graduates is selected. Do Davenport students follow the national trend?
What kind of probability distribution will you use to solve this problem?
What is the probability that two select public accounting?
What is the probability that five select public accounting?
What is the probability at no more that four select public accounting?
Given the overall probability distribution (Use the spreadsheet to create it) what is the most likely number of students to select public accounting? (You can create a column chart to display this as well for two points of extra credit.)
Management at the local Randy Rooster Chicken Hut noted 50 percent of the customers order the crispy coating and the remainder order original coating.
What kind of probability distribution will you use to solve this problem?
What is the probability that none of the next four customers will request crispy?
What is the probability that at least two of the next four customers will request crispy?
What is the probability that no more than two will request crispy?
Construct the probability distribution function table and graph the distribution with a column chart. Comment on the shape of the graph.
