catalyst data
Not what you're looking for?
According to Catalyst, a New York based women's advocacy and research group, 12% of all corporate officer's at the 500 largest U.S. corporations in 1999 were women, compared to 8% in 1995.
a.) According to catalyst data, in sample of 1,000 corporate officer's at the 500 largest U.S. firms, how many would you expect to be women?
b.) If eight corporate officer's were randomly selected from the 500 largest U.S. firms what is the probability that none would be women? That half would be
c.) What assumptions did you have to make in order to answer part b using the binomial distribution?
Council For a Drug Free Workplace concluded that 70 % of New Jersey's business have employees whose performance is affected by drugs and or alcohol. In those business 'it was estimated that 8.5% of their workforces have alcohol problems and 5.2% have drug problems. These last two numbers are slightly lower than the national statistics of 10% and 7%, respectively.
a.) In a New Jersey company that acknowledges it has performance problems caused by substance abuse, out of every 1000 employees, approximately how many have drug problems?
b.) If 10 employees are randomly selected to form a committee to address alcohol abuse problems, what is the probability that at least one member of the committee is an alcohol abuser? That exactly two are alcohol abusers?
c.) What assumptions did you have to make in order to answer part b using the methodology of this section?
Purchase this Solution
Solution Summary
The corporate officer's who were randomly selected is examined. The assumptions in binomial distribution are determined.
Solution Preview
According to Catalyst, a New York based women's advocacy and research group, 12% of all corporate officer's at the 500 largest U.S. corporations in 1999 were women, compared to 8% in 1995.
a.) According to catalyst data, in sample of 1,000 corporate officer's at the 500 largest U.S. firms, how many would you expect to be women?
Expected Value = % x sample size = 12% x 1000 = 120 women
b.) If eight corporate officer's were randomly selected from the 500 largest U.S. firms what is the probability that none would be women? That half ...
Education
- BE, Bangalore University, India
- MS, University of Wisconsin-Madison
Recent Feedback
- "Your explanation to the answers were very helpful."
- "What does 1 and 0 means in the repair column?"
- "Went through all of the formulas, excellent work! This really helped me!"
- "try others as well please"
- "Thank you, this helped a lot. I was not sure how to plug in those numbers to a formula. This was a great help. Now I have to figure out how to explain cost of capital is used in net present value analysis, and how cost of capital is used in net present value analysis. This stuff gets confusing."
Purchase this Solution
Free BrainMass Quizzes
Measures of Central Tendency
Tests knowledge of the three main measures of central tendency, including some simple calculation questions.
Measures of Central Tendency
This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.
Terms and Definitions for Statistics
This quiz covers basic terms and definitions of statistics.
Know Your Statistical Concepts
Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.