In a Large Metropolitan Area, the Top Providers for Television

question 132

Short Answer

In a large metropolitan area, the top providers for television and Internet services are a phone company, a satellite company, and a cable company. The satellite company serves 43% of the homes in the area. What is the probability that in a survey of 1,000 homes, more than 447 of them are served by the satellite company?

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Definitions:

Essential Operations

Core activities necessary for an organization or system to function effectively.

Minimizes Costs

Strategies or actions taken to reduce expenses and financial outlay in business operations or personal budgeting.

Efficiency

The ability to achieve a desired result with minimal waste of time, effort, or resources.

Quality Improvement

An ongoing process of detection and reduction of errors, improvement of operations, and ensuring that standards of quality are met consistently.