Suppose 40% of All College Students Have a Computer at Home

question 93

Multiple Choice

Suppose 40% of all college students have a computer at home and a sample of 100 is taken.What is the probability that more than 50 of those in the sample have a computer at home?

• A) 0.4793
• B) 0.9793
• C) 0.0207
• D) 0.5207
• E) 0.6754

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Definitions:

Vice-president

An officer in a company or institution below the president in rank, who can act in place of the president under certain conditions.

Segregation of Duties

An internal control mechanism designed to reduce the risk of error or fraud by dividing responsibilities among different people in an organization.

Cheque Signer

An authorized individual within an organization who has been given the authority to sign checks on behalf of the company.

Misappropriate

The act of taking something dishonestly for one's own use, particularly with reference to funds.