Suppose that 4% of the 2 million high school students who take the SAT each year receive special accommodations because of documented disabilities. Consider a random sample of 30 students who have recently taken the test. (Round your probabilities to three decimal places.)

a. What is the probability that exactly 1 received a special accommodation?
b. What is the probability that at least 1 received a special accommodation?
c. What is the probability that at least 2 received a special accommodation?
d. What is the probability that the number among the 15 who received a special accommodation is within 2 standard deviations of the number you would expect to be accommodated?
e. Suppose that a student who does not receive a special accommodation is allowed 3 hours for the exam, whereas an accommodated student is allowed 4.5 hours. What would you expect the average time allowed the 30 selected students to be? (Round your answer to two decimal places.)

a. 0.0122

b. 0.294

c. 0.2818

d. 30.671%

e. 2.01 hours

Step-by-step explanation:

Given

Let X represents the number of students that receive special accommodation

P(X) = 4%

P(X) = 0.04

Let S = Sample Size = 30

Let Y be a selected numbers of Sample Size

Y ≈ Bin (30,0.04)

a. The probability that 1 candidate received special accommodation

P(Y = 1) = (30,1)

= (0.04)¹ * (1 - 0.04)^(30 - 1)

= 0.04 * 0.96^29

= 0.012244068467946074580191760542164986632531806368667873050624

P(Y=1) = 0.0122 --- Approximated

b. The probability that at least 1 received a special accommodation is given by:

This means P(Y≥1)

But P(Y=0) + P(Y≥1) = 1

P(Y≥1) = 1 - P(Y=0)

Calculating P(Y=0)

P(Y=0) = (0.04)° * (1 - 0.04)^(30 - 0)

= 1 * 0.96^36

= 0.293857643230705789924602253011959679180763352848028953214976

= 0.294 --- Approximated

c.

The probability that at least 2 received a special accommodation is given by:

P (Y≥2) = 1 -P(Y=0) - P(Y=1)

= 0.294 - 0.0122

= 0.2818

d. The probability that the number among the 15 who received a special accommodation is within 2 standard deviations of the number you would expect to be accommodated?

First, we calculate the standard deviation

SD = √npq

n = 15

p = 0.04

q = 1 - 0.04 = 0.96

SD = √(15 * 0.04 * 0.96)

SD = 0.758946638440411

SD = 0.759

Mean =np = 15 * 0.04 = 0.6

The interval that is two standard deviations away from .6 is [0, 2.55] which means that we want the probability that either 0, 1 , or 2 students among the 20 students received a special accommodation.

P(Y≤2)

P(0) + P(1) + P(2)

=.

P(0) + P(1) = 0.0122 + 0.294

Calculating P(2)

P(2) = (0.04)² * (1 - 0.04)^(30 - 2(

P(2) = 0.00051

So,

P(0) +P(1) + P(2). = 0.0122 + 0.294 + 0.00051

= 0.30671

Thus it 30.671% probable that 0, 1, or 2 students received accommodation.

e.

The expected value from d) is .6

The average time is [.6(4.5) + 19.2(3)]/30 = 2.01 hours

investment b is an ordinary annuity with $3,909.64 in the account after one year.

step-by-step explanation: