You Suspect That Many of Your Fellow Students Are Upset

question 101

Short Answer

You suspect that many of your fellow students are upset over the high cost of gasoline. If the actual percentage is 85% and you randomly sample 100 of your fellow students, what is the probability that at least 90 would be upset over the high cost of gasoline?

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Definitions:

Cashier's Check

A check guaranteed by a bank, drawn on the bank's own funds and signed by a cashier.

Point-Of-Sale System

An EFT system that enables consumers to directly transfer funds from a bank account to a merchant.

Direct Pay System

A payment model where payers (such as employers or government entities) pay providers directly for healthcare services, bypassing traditional insurance companies.

Appellate Court

A higher court that reviews the decisions of lower courts to determine if legal errors were made that could change the outcome of a case.