Fifty percent of Americans believed the country was in a recession, even though technically the economy had
Question:
a. Compute the probability that exactly 12 people believed the country was in a recession.
b. Compute the probability that no more than five people believed the country was in a recession.
c. How many people would you expect to say the country was in a recession?
d. Compute the variance and standard deviation of the number of people who believed the country was in a recession.
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Related Book For
Statistics For Business And Economics
ISBN: 9780538481649
11th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
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