Solution: In Exercise, determine whether you can use a

Chapter , Problem 69E

(choose chapter or problem)

Get Unlimited Answers
QUESTION:

Problem 69E

In Exercise, determine whether you can use a normal distribution to approximate the binomial distribution. If you can, use the normal distribution to approximate the indicated probabilities and sketch their graphs. If you cannot, explain why and use a binomial distribution to find the indicated probabilities.

A survey found that 52% of U.S. teens ages 16 to 18 have a savings account. You randomly select 45 U.S. teens ages 16 to 18 and ask them whether they have a savings account. Find the probability that the number who have a savings account is (a) at most 15, (b) exactly 25, and (c) greater than 30, and (d) identify any unusual events. Explain.

Questions & Answers

QUESTION:

Problem 69E

In Exercise, determine whether you can use a normal distribution to approximate the binomial distribution. If you can, use the normal distribution to approximate the indicated probabilities and sketch their graphs. If you cannot, explain why and use a binomial distribution to find the indicated probabilities.

A survey found that 52% of U.S. teens ages 16 to 18 have a savings account. You randomly select 45 U.S. teens ages 16 to 18 and ask them whether they have a savings account. Find the probability that the number who have a savings account is (a) at most 15, (b) exactly 25, and (c) greater than 30, and (d) identify any unusual events. Explain.

ANSWER:

Solution:

Step 1 of 5:

Given, in a survey 52% of U.S. teens ages 16 to 18 have a savings account.

If we randomly select 45 U.S. teens ages 16 to 18 and ask them whether they have a savings account.

If a Binomial distribution is approximated by a Normal distribution if np and nq are greater than or equal to 5.

n = 45 and p = 0.52.

np = 45(0.52)

     = 23.4 and

nq = 45(1 - 0.52)

     = 21.6.

Both np and nq are greater than 5.


Add to cart


Study Tools You Might Need

Not The Solution You Need? Search for Your Answer Here:

×

Login

Login or Sign up for access to all of our study tools and educational content!

Forgot password?
Register Now

×

Register

Sign up for access to all content on our site!

Or login if you already have an account

×

Reset password

If you have an active account we’ll send you an e-mail for password recovery

Or login if you have your password back