Suppose 40% of All College Students Have a Computer at Home

question 16

Multiple Choice

Suppose 40% of all college students have a computer at home and a sample of 100 is taken.Which is closest to the probability that more than 50 of those in the sample have a computer at home?

• A)0.4793
• B)0.9793
• C)0.0207
• D)0.5207
• E)0.6754

Understand the exclusive rights provided by patents and the exclusions to what can be copyrighted.

Learn the purpose and limitations of various equitable remedies in contract law.

Understand the concept of expected utility and how it applies to decision-making under uncertainty.

Identify and analyze risk preferences (risk-averse, risk-neutral, and risk-loving) and their implications on decision-making.

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Definitions:

Environmental Circumstances

The context or conditions in one's surroundings, including social, cultural, and physical environments, that influence outcomes and opportunities.

Human Behaviour

The range of actions and mannerisms exhibited by humans in conjunction with their environment, social structures, and culture.

Humanist

An individual who adopts a philosophical stance emphasizing the value and agency of human beings, individually and collectively.

Internal Mental Events

The phenomena occurring within an individual's mind, which might not be observable by others, such as thoughts, memories, and feelings.