Multiple Choice
Suppose that 19% of all sales are for amounts greater than $1,000.In a random sample of 30 invoices,what is the probability that more than six of the invoices are for over $1,000? Use the binomial approximation for the normal distribution.
A) 0.4443
B) 0.9440
C) 0.5557
D) 0.0560
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q23: THE NEXT QUESTIONS ARE BASED ON THE
Q24: The area under a valid cumulative distribution
Q25: Many economic and business measures such as
Q26: THE NEXT QUESTIONS ARE BASED ON THE
Q27: THE NEXT QUESTIONS ARE BASED ON THE
Q29: Seventy percent of the time,you will be
Q30: THE NEXT QUESTIONS ARE BASED ON THE
Q31: Let the random variable Z follow a
Q32: THE NEXT QUESTIONS ARE BASED ON THE
Q33: Which of the following is not a