Preview

Ali Farrukh

Good Essays
Open Document
Open Document
510 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ali Farrukh
1. A search engine site claims that, on average, one out of five visitors clicks on an ad.
(a) If 8 users visit the site, what is the probability that at least three click on an ad?
b) If 8 users visit the site, what is the probability that less than two of them click on an ad?
c) If 800 users visit the site, would the probability that less than 200 click on an ad be higher or lower than the answer found in part (b)? Write a few sentences explaining your answer- computations are not required (or desired)
d) Suppose 90 users visit the site during a particular minute, use the normal approximation to estimate the probability that more than 25 of them click on an ad.
e) If 900 users visited the site, would the probability that more than 250 of them click on an ad be higher or lower than the answer found in part (d)? Write a few sentences explaining your answer- computations are not required (or desired)

2. Suppose that, overall, 5% of all tax returns are audited by the IRS.
(a) If an accountant has 7 clients for whom she prepared tax returns, what is the probability that less than 3 will be audited?
(b) If the accountant has 30 clients, what is the probability that at least one is audited?
(c) Suppose the accountant prepares 500 returns, use the normal approximation to estimate the probability that more than 20 of the returns are audited.

3. Suppose the weight of eggs produced by Henly Farms has a mean of 59.7 g. with a standard deviation of 3.4 g. Find the probability that a carton of a dozen eggs will weigh less than 727 g.

4. Magazine Marketers is holding a sweepstakes. They list the following prizes and the probability of winning the prize:

To enter the sweepstakes, you must pay $1 for postage. Find the expected profit for someone entering this sweepstakes.

6. Given below are the birth weights of babies born to mothers who took special vitamin supplements while pregnant:
3.13 4.37 3.93 4.33 3.39 3.68

You May Also Find These Documents Helpful

  • Good Essays

    6. In regard to your answer to part a, approximate how much faster (in seconds or milliseconds) of a response time the better scenario has. 0.5 sec…

    • 765 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Acc/531 Week 4

    • 646 Words
    • 3 Pages

    b. Develop an estimated regression equation that can be used to predict revenue given the advertising expenditure.…

    • 646 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    o Include appropriate probability concepts and your application to find resulting data to limit uncertainty in this decision. (150) Wedanesday…

    • 1036 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Eco304 Week 1 Assignment

    • 361 Words
    • 2 Pages

    1. Suppose that the likelihood that someone who logs into a particular site in a shopping mall on the web will purchase an item is .20. If the site has 10 people accessing it in the next minute, what is the probability that…

    • 361 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Final Exam Study Guide

    • 812 Words
    • 4 Pages

    b. The probability of a success changes from trial to trial in the hypergeometric distribution.…

    • 812 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Sampling Techniques

    • 5470 Words
    • 22 Pages

    In an effort to identify whether an advertising campaign has been effective, a marketing firm conducts a nationwide poll by randomly selecting individuals form a list of known users of the product.…

    • 5470 Words
    • 22 Pages
    Good Essays
  • Satisfactory Essays

    Annotated Bibliography

    • 430 Words
    • 2 Pages

    The writers for this journal article gage the influence of ad placement on expenses and profits produced from sponsored search. Their tactic uses data generated through a field experiment for several keywords from an online retailer 's ad campaign. They analyze click-through rate decreases/increase along with conversion rates decreases/increases with position. The authors ' results inform the advertising strategies of firms participating in sponsored search auctions and provide insight into consumer behavior in these environments.…

    • 430 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Catherine Holahan, “So Many Ads, So Few Clicks,” Business Week, November 12, 2007, p. 38.…

    • 10615 Words
    • 43 Pages
    Better Essays
  • Better Essays

    References: Internet Advertising Bureau/1AB (1997): 1AB Online Advertising Effectiveness Study: a Joint Research Effort of Internet Advertising Bureau Millward Brown Interactice, San Francisco.…

    • 1043 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Chapter 1 Mis

    • 1429 Words
    • 6 Pages

    | |1. |Internet advertising is growing at a rate of more than 30 percent a year. |…

    • 1429 Words
    • 6 Pages
    Satisfactory Essays
  • Powerful Essays

    Of $200 assigned we have spent $184,80 producing 581 click with a high percentage rate of new visitors. At the end of the campaign the Google search CTR is resulting with 1,09%. The average CPC was $0,32 and the average CPM was $3,46. The best results from 5 ad groups provided the “Promocija imena” ad group with 348 click total, and a CTR with 1,57% and “Promocija imena (Italija, Švicarska) “ ad group with 101 click total and CTR with 2,65%.…

    • 2110 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    2. Important points from these readings will be taken out & will be written systematically as chapters & sub-chapters of this project.…

    • 317 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Targeted Advertisement

    • 1973 Words
    • 8 Pages

    Online advertising is a growing industry that is based upon the traffic from online views. “Fifty-six of the top…

    • 1973 Words
    • 8 Pages
    Best Essays
  • Satisfactory Essays

    top 10 mobile trends

    • 1141 Words
    • 5 Pages

    4. Expect Super-Targeted Ads. The average person is exposed to several thousand ads a day. Let that sink in for a second. How many do you remember? We share a LOT of data via mobile; mobile-accessed social networking accounts, videos we watch, and locations we check-in to, our interests are ripe for the picking (expect some privacy issues on this one).…

    • 1141 Words
    • 5 Pages
    Satisfactory Essays
  • Good Essays

    Normal Distribution

    • 809 Words
    • 4 Pages

    In a sample of 25 observations from a Normal Distribution with mean 98.6 and standard deviation 17.2, find:…

    • 809 Words
    • 4 Pages
    Good Essays