Last Fall Semester, 34% of freshmen who applied for football season tickets did not receive tickets for all home games. You randomly select a sample of 200 freshmen. What is the probability that more than 40% of those sampled did not receive tickets for all home games? Probability = (3 decimal places)
Using central limit theorem,
P(
< p ) =
P( Z <
- p / sqrt
( p (1 -p ) / n)
so,
P(
> 0.40)
= P( Z > 0.40 - 0.34 / sqrt( 0.34 * 0.66 / 200) )
= P( Z > 1.7912)
= 1 - P( Z < 1.7912 )
= 0.963
Last Fall Semester, 34% of freshmen who applied for football season tickets did not receive tickets...
Please show how you did this in excel.
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can you please do 30, 31, 37, 39b and show work?
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2) compute contribution margin for each channel
3) compute break even point (in terms of number of orders and
dollars) for each distribution channel
(HINT - Fixed costs are all trade show expenses. Use
depreciation for the booth as a fixed cost. The booth cost should
be considered an investment not a fixed cost)
4) Calculate the number of orders at a target profit of
$100,000
5) Calculate the profitability for both the low and high order
estimates
We were...