Use the Following Information to Answer the Question

question 33

Multiple Choice

Use the following information to answer the question. A pescatarian is a person who eats fish and seafood but no other animal. An event planner does some research and finds that approximately 2.75% of the people in the area where a large event is to be held are pescatarian. Treat the 250 guests expected at the event as a simple random sample from the local population of about 150,000.
-Suppose the event planner assumes that 4% of the guests will be pescatarian so he orders 10 pescatarian meals. What is the approximate probability that more than 4% of the guests are pescatarian and that he will not have enough pescatarian meals? Round to the nearest thousandth.

• A)0.113
• B)0.470
• C)0.387
• D)None of these

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Definitions:

Ordered Pairs

Ordered pairs are pairs of numbers used to represent the position of a point on a coordinate plane, typically in the form (x, y).

Simple Interest

Interest calculated only on the initial amount of money (principal), without compounding over time.

Bonds

Financial instruments representing loans made by an investor to a borrower, typically corporate or governmental, which must be paid back with interest.

Positive Integers

Whole numbers greater than zero, found to the right of zero on the number line.