A Certain Baseball Player Hits a Home Run in 7

question 63

Multiple Choice

A certain baseball player hits a home run in 7% of his at-bats. Consider his at-bats as independent events. Find the probability that this baseball player hits more than 42 home runs in 800 at-bats?

• A)0.93
• B)0.9693
• C)0.0307
• D)0.07

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Definitions:

Repayment

The act of paying back borrowed money, usually with interest, over a period of time according to a predetermined schedule.

Dividends

A share of a corporation’s profits distributed regularly, usually every three months, to its stockholders.

Inventory

The goods and materials a business holds for the purpose of resale or production.

Depreciation

The accounting process of allocating the cost of tangible assets over their useful lives, reflecting wear and tear, or obsolescence.