Solution-Fourty-five percent of households

Fourty-five percent of households

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Fourty-five percent of households say they would feel secure if they had $50,000 in savings. You randomly select 8 households 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.

Reference no: EM131444548

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Fourty-five percent of households : Fourty-five percent of households say they would feel secure if they had $50,000 in savings. You randomly select 8 households and ask them if they would feel secure if they had $50,000 in savings. Find the probability that the number that say they..

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Fourty-five percent of households

Reference no: EM131444548

Reference no: EM131444548

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