Q1. (a) List and discuss in full and in your own words the main characteristics of a Binomial probability distribution a
Posted: Fri Dec 24, 2021 10:00 am
company receives: (0) Exactly 7 complaints (use the Poison formula and show your calculations) (ii) 6 to 10 complaints (use appropriate statistical table and show your calculations)
Q1. (a) List and discuss in full and in your own words the main characteristics of a Binomial probability distribution and provide a typical Binomial probability example by assessing its features against the characteristics you have listed (b) In a large survey 70% of small business owners said that they are facing problems recruiting skilled employees. A random sample of 14 business owners were selected to assess their views on this issue. (0) Prove that this problem can be solved using binomial method. (ii) If the number of business owners who support the above viewpoint in this sample is denoted as (x), find: . P(x = 10) (use the Binomial formula and show your calculations) P (6 sxs 10) (use appropriate statistical table and show your calculations) (c) Historical data shows that an internet service provider receives an average of 8,6 complaints per day. Calculate the probability that on a given day this