Provide an Appropriate Response

question 91

Essay

Provide an appropriate response.
-According to data from the American Medical Association, 10% of us are left-handed. Suppose groups of 500 people are randomly selected. Find the probability that at least 80 are left-handed. Describe the characteristics of this problem which help you to recognize that the problem is about a binomial distribution which you are to solve by estimating with the normal distribution. (Assume that you would not use a computer, a table, or the binomial probability formula.)

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Definitions:

Global Consumers

Individuals around the world who purchase goods and services from international markets.

Similar Needs

The shared or common requirements or desires of a defined group of consumers that a company targets with its products or services.

Similar Features

Refers to the qualities or characteristics that are alike or comparable among products, services, or entities.

Cross-Cultural Analysis

The examination of different cultural factors and norms to understand their impact on behaviors, practices, and perceptions.