Super Bowl XLVI Was Played Between the New York Giants

question 44

Multiple Choice

Super Bowl XLVI was played between the New York Giants and the New England Patriots in Indianapolis. Due to a decade-long rivalry between the Patriots and the city's own team, the Colts, most Indianapolis residents were rooting heartily for the Giants. Suppose that 90% of Indianapolis residents wanted the Giants to beat the Patriots. What is the probability that from a sample of 200 Indianapolis residents, fewer than 170 were rooting for the Giants in Super Bowl XLVI?

• A) 0.0092
• B) 0.0212
• C) 0.4954
• D) 0.9908

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Definitions:

Discount Rate

The interest rate used in discounted cash flow analysis to determine the present value of future cash flows.

Expected Long-Term Rate

An estimate of the rate of return or interest rate over a long-term investment or obligation.

Net Gain Or Loss

The overall financial result after all revenues are added and all expenses are subtracted.

Settlement Or Curtailment

Events that significantly reduce or eliminate the obligations or service period of a pension plan or other long-term benefits, requiring special accounting treatment.