According to JAVMA News, a publication of the American Veterinary Medical Association, roughly 60% of U.S. households

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According to JAVMA News, a publication of the American Veterinary Medical Association, roughly 60% of U.S. households own one or more pets. Four U.S. households are selected at random. Use Table XI in Appendix A to solve the following problems.

a. Find the probability that, of the four households sampled, the number that own one or more pets is exactly three; at least three; at most three.

b. Find the probability distribution of the random variable X, the number of U.S. households in a random sample of four that own one or more pets.

c. Without referring to the probability distribution obtained in part (b) or constructing a probability histogram, decide whether the probability distribution is right skewed, symmetric, or left skewed. Explain your answer.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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