Question #5185

A company assumes that 0.5% of the paychecks for a month were calculated incorrectly. The

company has 350 employees and examined the payroll records from one month.

(a) Define the variable of interest.

(b) State clearly the appropriate distribution and its parameters.

(c) Find the probability of finding one paycheck that was calculated incorrectly.

(d) In a given month, how many employees payroll would you expect to be calculated

incorrectly?

company has 350 employees and examined the payroll records from one month.

(a) Define the variable of interest.

(b) State clearly the appropriate distribution and its parameters.

(c) Find the probability of finding one paycheck that was calculated incorrectly.

(d) In a given month, how many employees payroll would you expect to be calculated

incorrectly?

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