Sixty-fivepercent of households say they would feel secure if they had $50,000 in savings.
January 3rd, 2018
Sixty-fivepercent of households say they would feel secure if they had $50,000 in savings. You randomly select 88households and ask them if they would feel secure if they had $50,000 in savings. Find the probability that the number that say they would feel secure is (a) exactly five, (b) more than five, and (c) at most five.(a) Find the probability that the number that say they would feel secure is exactly five.a) P(5)= ______(Round to three decimal places as needed.)b) more than 5 = ______(Round to three decimal places as needed.)c) at most 5 = ______(Round to three decimal places as needed.)
