Question: The following table lists the 15 largest
The following table lists the 15 largest U.S. universities according to enrollment in a recent year. 
a) If five different universities are selected randomly from the list, what is the probability that exactly three of them have enrollments of more than 50,000? b) If eight different universities are selected randomly from the list, what is the probability that two or fewer are universities in Florida? c) Suppose universities are being selected randomly from this list with replacement. If five universities are sampled, what is the probability that the sample will contain exactly two universities in Texas?
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Rank University 1 Texas A&M 2 University of Central Florida 3 Ohio State University 4 Arizona State University 5 The University of Texas 6 University of Minnesota 7 University of Florida 8 State Enrollment TX 63,813 FL 62,953 OH 58,663 AZ 51,984 TX 50,950 MN 50,678 FL 50,645 Michigan State University ΜΙ 50,538 University of Maryland MD 50,248 10 New York University NY 11 Florida International University FL 12 Rutgers University NJ 13 Indiana University IN 14 PA Penn State University 15 University of Illinois IL a 50,027 49,782 49,428 48,514 47,307 45,842
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> An entrepreneur opened a small hardware store in a strip mall. During the first few weeks, business was slow, with the store averaging only one customer every 20 minutes in the morning. Assume that the random arrival of customers is Poisson distributed.
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> A study about strategies for competing in the global marketplace states that 52% of the respondents agreed that companies need to make direct investments in foreign countries. It also states that about 70% of those responding agree that it is attractive
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