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assume that when human resource managers are randomly selected, 54% say…

Question

assume that when human resource managers are randomly selected, 54% say job applicants should follow up within two weeks. if 14 human resource managers are randomly selected, find the probability that fewer than 3 of them say job applicants should follow up within two weeks. the probability is 0.0027 (round to four decimal places as needed.)

Explanation:

Step1: Identify the binomial probability formula

The binomial probability formula is \(P(X = k)=C(n,k)\times p^{k}\times(1 - p)^{n - k}\), where \(n\) is the number of trials, \(k\) is the number of successes, \(p\) is the probability of success in a single trial, and \(C(n,k)=\frac{n!}{k!(n - k)!}\)

Here, \(n = 14\), \(p=0.54\), and we want to find \(P(X\lt3)=P(X = 0)+P(X = 1)+P(X = 2)\)

Step2: Calculate \(P(X = 0)\)

$$ LATEXBLOCK0 $$

Using a calculator, \((0.46)^{14}\approx0.000007\)

Step3: Calculate \(P(X = 1)\)

$$ LATEXBLOCK1 $$

Using a calculator, \(14\times0.54\times(0.46)^{13}\approx0.0002\)

Step4: Calculate \(P(X = 2)\)

$$ LATEXBLOCK2 $$

Using a calculator, \(91\times(0.54)^{2}\times(0.46)^{12}\approx0.0025\)

Step5: Sum up the probabilities

\(P(X\lt3)=P(X = 0)+P(X = 1)+P(X = 2)\approx0.000007 + 0.0002+0.0025=0.0027\)

Answer:

\(0.0027\)