Examlex

Solved

Answer the Question A Fan Purchased a Bag with 45 Peanuts

question 60

Multiple Choice

Answer the question.
-A study of a brand of "in the shell" peanuts sold at sports events gives the following results:  Number of  Peanuts per bag balprobability 250.003300.02350.09400.15450.35500.217550.07\begin{array} { l | l } \text { Number of } & \\\text { Peanuts per bag}& \text { balprobability } \\ \hline 25 & 0.003 \\30 & 0.02 \\35 & 0.09 \\40 & 0.15 \\45 & 0.35 \\50 & 0.217 \\55 & 0.07\end{array} A fan purchased a bag with 45 peanuts. Is this result significant at the 0.01 level?


Definitions:

Net Income

The total earnings of a company after all expenses and taxes have been deducted from revenue, indicating the company's profitability.

Capital Balances

The amount of equity owned by investors or owners in a company or fund.

Net Loss

The amount by which total expenses exceed total revenues in a given period, indicating a financial loss for the business.

Salary Allowance

A predetermined amount of compensation allocated for salaries, possibly including additional benefits or allowances.

Related Questions