A Researcher Reports That the Probability of a College Student

question 4

Multiple Choice

A researcher reports that the probability of a college student living on campus is p = .38.If a small local college has 2,000 students enrolled,then what is the standard deviation of college students living on campus? Hint: This is a binomial probability distribution.

• A) 471.2 students
• B) 21.7 students
• C) 760 students
• D) There is not enough information to answer this question.

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Definitions:

Break Even

The point at which total costs and total revenue are equal, resulting in no net loss or gain.