SOLUTION: The workers' union at a certain university is quite strong. About of all workers employed by the university belong to the workers' union. Recently, the workers went on strike, and

Algebra ->  Finance -> SOLUTION: The workers' union at a certain university is quite strong. About of all workers employed by the university belong to the workers' union. Recently, the workers went on strike, and      Log On


   

Question 176542: The workers' union at a certain university is quite strong. About of all workers employed by the university belong to the workers' union. Recently, the workers went on strike, and now a local TV station plans to interview a sample of workers, chosen at random, to get their opinions on the strike.
Estimate the number of workers in the sample who are union members by giving the mean of the relevant distribution (that is, the expectation of the relevant random variable). Do not round your response.
Quantify the uncertainty of your estimate by giving the standard deviation of the distribution. Round your response to at least three decimal places.

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Numbers or phrases are missing in your posting.
Cheers,
Stan H.