Suppose that 60% of employees at a particular corporation participate in the optional retirement plan. If a random sample of 50 employees is selected, what is the probability that at least 25 employees in the sample will participate in the optional retirement plan?

94.41% probability that at least 25 employees in the sample will participate in the optional retirement plan

Step-by-step explanation:

I am going to use the normal approximation to the binomial to solve this question.

Binomial probability distribution

Probability of exactly x sucesses on n repeated trials, with p probability.

Can be approximated to a normal distribution, using the expected value and the standard deviation.

The expected value of the binomial distribution is:

The standard deviation of the binomial distribution is:

Normal probability distribution

Problems of normally distributed samples can be solved using the z-score formula.

In a set with mean and standard deviation , the zscore of a measure X is given by:

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

When we are approximating a binomial distribution to a normal one, we have that , .

In this problem, we have that:

So

What is the probability that at least 25 employees in the sample will participate in the optional retirement plan?

Using continuity correction, this is , which is 1 subtracted by the pvalue of Z when X = 24.5

has a pvalue of 0.0559

1 - 0.0559 = 0.9441

94.41% probability that at least 25 employees in the sample will participate in the optional retirement plan

answer: ratio of volume of cone (with 3 times the height and equal diameter) to volume of cylinder is 2 to 1. the value of π is not used.

step-by-step explanation:

radius is diameter/2 = 4.

area of circle is π r^2.

volume of cylinder is height × area of base = hπr^2 = 3(4^2) π = 48π cubic inches.

not knowing the formula for volume of cone, i calculate it using calculus (which is for calculating things).

volume of cone is integral 0 to h area(y) dy. area(y) is π r(y)^2. r(y) runs r to zero as y runs zero to h, r(0) = r, r(h) = 0.

r(y) = r - r/h y

area(y) = π (r - r/h y)^2 = π (r^2 - 2r^2y/h + r^2y^2/h^2) = π r^2(1-2y/h+y^2/h^2)

antiderivative area(y) = π r^2 (y-y^2/h+y^3/(3h^2))

integral 0 to h = π r^2(h-h^2/h+h^3/(3h^2) - (0)) = π r^2(h - h + h/3) = π r^2(h/3) = π/3 r^2 h

volume of this cone is π/3(4^2)18 cubic inches.

= 6 16 π = 96π cubic inches.

cone has twice the volume, 96/48.

cone height is 6 times the cylinder.

ratio of volume formula: π r^2 cancels.

cone over cylinder ratio is 6h/3 to h, 2 to 1.

x =-.20752

step-by-step explanation:

4^(x+2)=12

4^(x+2)=12

take the log base 4 on each side

log 4 (4^(x+2) = log 4(12)

we know log b(a^y) = y log b (a)

(x+2) log 4(4) = log 4 (12)

x+2 = log 4 (12)

we know   logb c = loga c/loga b

we want to convert to base 10   so a = 10

by default, we do not write the 10   c = 4   and b = 10

log4 10 = log 12/log 4

log4 10 = log 12/ log 4

x+2 = log 12/ log 4

subtract 2 from each side

x +2 -2 = log 12/ log 4 -2

x = 1.79248125 -2

x =-.20752