Question: An advertisement for Citicorp Insurance Services Inc claims one person
An advertisement for Citicorp Insurance Services, Inc., claims "one person in seven will be hospitalized this year." Suppose you keep track of a random sample of 180 people over an entire year. Assuming Citicorp's advertisement is correct, what is the probability that fewer than 10% of the people in your sample will be found to have been hospitalized (at least once) during the year? Explain.
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