Examlex

Solved

In Recent Years, 30% of the Patent Applications Submitted to the US

question 139

Multiple Choice

In recent years, 30% of the patent applications submitted to the US Patent Office have been approved.Assuming that this same rate holds in the future, if 15 new applications are submitted this year, how likely is it that at least 9 of them will be disapproved?


Definitions:

Emotional Intelligence

The skill to comprehend, utilize, and control one's emotions constructively to mitigate stress, communicate successfully, connect empathetically with others, and conquer obstacles.

Practical Intelligence

The ability to solve real-world problems by adapting to, shaping, or selecting environments.

Analytical Intelligence

The skill to assess, critique, evaluate, or distinguish between different pieces of information.

Factor Analysis

A statistical method used to describe variability among observed, correlated variables in terms of potentially lower unobserved variables, called factors.

Related Questions