Gb431 Unit 10 Research

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Score: 13/25 Module 4 Portia W. Carter-Goldsmith Rasmussen College This research is being submitted on November 16, 2014 for Thomas A. B421/GEB4310 Section 01 Statistics for Business - 2014 Fall Quarter Homework #4 Use the following scenario to answer the next 6 questions. Let x be a binomial random variable with n = 10 and p =.4. Find the following values: 1) P(x = 4) .2508 2) P(x ≤ 4) .3823 = P(x = 0) + P(x = 1) + P(x = 2) + P(x = 3) + P(x = 4) .633 3) P(x > 4) 0.3668 4) P(x ≥ 4) 0.6177 5) E(x) =np 4 6) Standard Deviation = √npq, where q = 1 - p = Use the following scenario to answer the next 5 questions. As a way of fund raising, you decide to set up a hot dog stand,

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