There is an ongoing debate about whether to label genetically engineered (ge) foods. in the united states, many processed foods include at least one ge ingredient, for example, ge soybeans, corn, or canola. suppose 70% of all americans believe ge foods should be labeled and a random sample of 500 americans is selected. answer part b) using the normal approximation to the binomial distribution. a) is the normal approximation to the binomial appropriate in this situation? do part b) no matter what your answer is. b) find the approximate probability that at least 340 americans believe ge foods should be labeled. remember the continuity correction.

use distributive property on all like terms and change your signs if you have a double negative or if you have positive/negative

step-by-step explanation:

let's assume

number of candles set =x

price of of x candles =p(x)

we are given

a candle maker prices one set of scented candles at $10 and sells an average of 200 sets each week

so, we get point as (200,10)

he finds that when he reduces the price by $1, he then sells 50 more candle sets each week

so, we can find slope

now, we can use point slope form of line

now, we can plug values

we can use point

and find b

now, we can plug it back

and we get

now, we can find revenue

we know that

revenue = price*quantity

so, we get