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Statistics
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BSTAT
Quiz 6: Random Variables and Discrete Probability Distributions
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Question 121
Essay
Online Bankers: An official from the securities commission estimates that 75% of all online bankers have profited from the use of insider information. Assume that 15 online bankers are selected at random from the commission's registry. -Find the probability that all 15 have profited from insider information.
Question 122
Essay
Online Bankers: An official from the securities commission estimates that 75% of all online bankers have profited from the use of insider information. Assume that 15 online bankers are selected at random from the commission's registry. -Find the probability that at least 6 have profited from insider information.
Question 123
Essay
Sports Fans: Suppose that past history shows that 5% of college students are sports fans. A sample of 10 students is to be selected. -Find the probability that more than 1 student is a sports fan.