A Laboratory Worker Finds That 1

question 108

Multiple Choice

A laboratory worker finds that 1.8% of his blood samples test positive for the HIV virus.If 270 blood samples are selected at random,is it appropriate to use a normal model to approximate the distribution of the number that test positive for the HIV virus?

• A)Yes;normal model with μ = 4.86 and σ = 4.77 can be used to approximate the distribution
• B)No;normal model cannot be used to approximate the distribution because nq < 10
• C)Yes;normal model with μ = 4.86 and σ = 2.18 can be used to approximate the distribution
• D)No;normal model cannot be used to approximate the distribution because np < 10
• E)Yes;normal model with μ = 265.14 and σ = 2.18 can be used to approximate the distribution

Grasp the concept of long-range planning within marketing, including the creation of long-range marketing plans and their strategic importance.

Recognize the evaluation phase's role in the strategic marketing process and the types of information required for effective analysis and corrective actions.

Understand generic business strategies and their application to gain competitive advantage in any industry or product area.

Comprehend the role of input and output metrics in enhancing a company's innovation and product-development capabilities.

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Definitions:

Property Rights

The legal rights to use, control, and benefit from resources, assets, or property.

Conservation

The sustainable management and use of natural resources to prevent depletion and harm to the environment.

Extraction Quantity

The volume or amount of natural resources, such as minerals, oil, or gas, that is removed from the earth or harvested.

Future Profits

Future profits represent the anticipated earnings or financial gains a business expects to achieve in the coming periods.