In your area, 34% of firms are owned by women. You call local firms at random in order to sell them accounting software. You phone local businesses at random. a) What is the probability that 2 of the 7 are owned by women? b) What is the probability that at least 2 of the 7 are owned by women? c) What is the mean and standard deviation of the number of businesses owned by women?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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In your area, 34% of firms are owned by
women. You call local firms at random in
order to sell them accounting software. You
phone local businesses at random. a) What
is the probability that 2 of the 7 are owned
by women? b) What is the probability that
at least 2 of the 7 are owned by women? c)
What is the mean and standard deviation of
the number of businesses owned by
women?
Transcribed Image Text:In your area, 34% of firms are owned by women. You call local firms at random in order to sell them accounting software. You phone local businesses at random. a) What is the probability that 2 of the 7 are owned by women? b) What is the probability that at least 2 of the 7 are owned by women? c) What is the mean and standard deviation of the number of businesses owned by women?
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