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13 August, 03:18

The Colorado Mining and Mineral Company has 1000 employees engaged in its mining operations. It has been estimated that the probability of a worker meeting with an accident during a 1-yr period is 0.08. What is the probability that more than 70 workers will meet with an accident during the 1-yr period?

a. 0.8665

b. 0.9089

c. 0.3585

d. 0.3827

e. 0.6548

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  1. 13 August, 05:41
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    a. 0.8665

    Step-by-step explanation:

    Given:

    probability 'p'=0.08

    no. of employees 'n'=1000

    The expected value of the binomial distribution is determined by:

    E (x) = μ = np

    μ = 1000 x 0.08 = 80

    standard deviation 'σ' is given by:

    σ = √np (1-p) = > √1000 x 0.08 x 0.92

    σ=8.58

    By using continuity correction, we have P (X≥70+0.5) = P (X≥70.5) that is 1 subtracted by the pvalue of Z when X = 70.5.

    Therefore,

    Z = X-μ/σ = > (70.5-80) / 8.85

    Z=-1.11

    the p-value of Z=-1.11 is 0.1335

    S0, 1 - 0.1335 = 0.8665

    the probability that more than 70 workers will meet with an accident during the 1-yr period is 0.8665
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