You choose 4 people at random from a group of 1200. What is the probability that all four would rate their financial shape as excellent? (Make the assumption that the 1200 people are represented by the pie chart.)
Use the pie chart, which shows how U.S. adults rate their financial shape.
Rate Your Financial Shape

Transcribed Image Text:

Excellent 7% Other 1% Poor 22% / Good 32% Fair 38%