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Based on the Caterer's Experience, 38% of Attendees to Events

question 39

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Based on the caterer's experience, 38% of attendees to events will prefer chicken for the main dish.As the caterer plans for an event attended by 780 individuals, the normal approximation will be used for the binomial with a correction for continuity.In this case, what is the average number that she would expect to prefer chicken, when determining the probability that less than 300 will prefer chicken?


Definitions:

Standards

Established requirements, criteria, or guidelines commonly used for comparison, measurement, or quality assessment.

Default

Failing to fulfill a legal obligation or agreement, particularly in paying back a loan.

Secured Creditor

A creditor with the benefit of a security interest in assets of the debtor, giving them a preferential position in the event of the debtor's insolvency.

Possession

The state or fact of owning, controlling, or having something in one's custody, legally or otherwise.

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