A Biologist Estimates That 70% of the Deer in a Region

question 39

Multiple Choice

A biologist estimates that 70% of the deer in a region carry a certain type of tick. For a sample of 300 deer selected at random, what is the chance that 216 or fewer deer have
This tick?

• A) 0.794
• B) 0.206
• C) 0.864
• D) 0.588

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Definitions:

Original Cost

The initial cost of acquiring an asset or service, including all expenses related to the purchase.

Internal Control

Processes and procedures implemented by a company to safeguard its assets, enhance the reliability of its accounting records, promote efficient operations, and ensure compliance with laws and regulations.

Physical Count

A physical count involves manually counting the actual inventory to verify accuracy against inventory records, often used for audit purposes or to correct discrepancies.

Physical Count

The process of manually counting and verifying the quantities of inventory on hand at a specific point in time.