Ten Percent of the Population Is Left-Handed $\mathrm { P } ( \mathrm { x } < 12 )$

question 99

Multiple Choice

Ten percent of the population is left-handed. A class of 100 students is selected. Convert the binomial probability $\mathrm { P } ( \mathrm { x } < 12 )$ to a normal probability by using the correction for continuity.

• A) \(\mathrm { P } ( \mathrm { x } < 11.5 )\)
• B) \(\mathrm { P } ( \mathrm { x } > 12.5 )\)
• C) \(P ( x \leq 12.5 )\)
• D) \(P ( x \geq 11.5 )\)

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Definitions:

Variable Costs

Costs that vary in proportion to changes in the activity base.

Differential Cost

The difference in total cost that will result from selecting one alternative over another in decision-making situations.

Intermediate Product

A product that requires further processing before it is considered a finished good ready for sale to consumers.

Equipment-Replacement Decision

The process of determining whether to repair, maintain, or replace equipment, considering factors like costs, efficiency, and technological advancements.