The Online Access Computer Service Industry Is Growing at an Extraordinary

question 58

Short Answer

The online access computer service industry is growing at an extraordinary rate.Current estimates suggest that only 20% of the home-based computers have access to online services.This number is expected to grow quickly over the next 5 years.Suppose 25 people with home-based computers were randomly and independently sampled.
- Find the probability that more than 20 of those sampled currently do NOT have access to online services.

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Definitions:

Domestic Corporations

Businesses incorporated within a particular state or country, subject to its laws and regulations.

Qualify to do Business

The process by which a company meets the legal requirements to conduct business in a jurisdiction other than where it was established.

NCAA

Stands for the National Collegiate Athletic Association, which is a nonprofit organization that regulates student athletes from over 1,200 North American institutions and conferences.

Accreditation

The process of validating the credibility and legitimacy of an institution, organization, or program by a recognized authority.