SOLUTION: A large retail chain sends out an ad about a new product to 15 million users on Facebook and asks them to like the message. Assume the probability that a user will like the message

Algebra.Com
Question 1189419: A large retail chain sends out an ad about a new product to 15 million users on Facebook and asks them to like the message. Assume the probability that a user will like the message (instead of ignoring it) is 0.00001.
A. State assumptions for a binomial distribution to apply for X = the number of likes the message will receive. Identify n and p for that distribution.
B. Suppose the assumptions are met. Find the mean and standard deviation of X.
C. Is it reasonable to approximate the binomial distribution with the normal one? Why? (Assume the assumptions are met.)

Answer by Boreal(15235)   (Show Source): You can put this solution on YOUR website!
two outcomes, independent, unchanging probability, fixed number of trials.
-
15000000*0.00001=150
so n=15,000,000 and p=0.00001
the mean is np=150
the variance is np(1-p)=150*0.99999=149.9985
sd= sqrt (V)=12.25
-
np should be greater than 10, so yes, a normal approximation will work.

RELATED QUESTIONS

What type of hypothesis test would you use in the following situations? 1. A... (answered by Boreal)
website ads Nielson's net ratings for the month of December 2002 indicated that in... (answered by ikleyn)
Between the start of 2005 and the end of 2009, the number of Facebook users can be... (answered by josmiceli)
According to data collected, 0.6% of Facebook users are under 13(the site is restricted... (answered by Boreal)
Suppose you are a store manager for a department store and you have 10 floors. you want... (answered by Theo)
Suppose you are a store manager for a department store and you have 10 floors. you want... (answered by stanbon)
Assessment Tool Data for the number of facebook users can be readily found on the... (answered by jim_thompson5910)
A study of 200 grocery chains revealed these incomes after taxes: Income after... (answered by ewatrrr)
A company has budgeted a maximum of $600,000 for advertising a certain product... (answered by Theo)