College Applicants Narrative
The admissions office of a community college in Ontario is asked to accept deposits from a number of qualified prospective freshmen so that, with probability of about 0.95, the size of the freshmen class will be less than or equal to 150. Suppose the applicants constitute a random sample from a population of applicants, 80% of whom would actually enter the freshmen class if accepted.
-Refer to College Applicants Narrative. How many deposits should the admissions counselor accept?

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The admissions office of a community college in Ontario is asked to accept deposits from a number of qualified prospective freshmen so that, with probability of about 0.95, the size of the freshmen class will be less than or equal to 150. Suppose the applicants constitute a random sample from a population of applicants, 80% of whom would actually enter the freshmen class if accepted.
-Refer to College Applicants Narrative. How many deposits should the admissions counselor accept?

College Applicants Narrative The Admissions Office of a Community College in Ontario Is