Using Technology, Use the Normal Approximation to Find the Indicated $n = 79 , p = 0.26 : P ( X < 17 )$

question 26

Multiple Choice

Using technology, use the normal approximation to find the indicated probability. The sample size is n, the population proportion of successes is p, and X is the number of successes in the sample. $n = 79 , p = 0.26 : P ( X < 17 )$

• A) 0.1343
• B) 0.1500
• C) 0.8500
• D) 0.1670

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Definitions:

Monthly Demand

The total quantity of a product that consumers are willing and able to purchase within a specific month.

Variable Manuf. Cost

Expenses that vary in direct relation to the amount of production, including costs like raw materials and direct labor.

Unavoidable Allocated Fixed Corporate Costs

These are fixed costs that are essential and non-avoidable, allocated across different departments or projects within a corporation.