Question: + CD Page view | A Read aloud Draw 3. (20 points) A survey shows that 35% of adults own stocks and 45% own mutual

+ CD Page view | A Read aloud Draw 3. (20 points) A survey shows that 35% of adults own stocks and 45% own mutual funds. A sample of 12 adults is chosen. Use binomial distribution to answer the following questions. (a) (4 points) Determine the probability that there will be more than 7 adults owning stocks. (b) (4 points) Determine the variance of the number of adults owning mutual funds. (c) (4 points). What is the probability that there will be at most 2 adults owning stocks? (d) (4 points) What is the probability of getting 6 or 7 adults owning stocks? (e) (4 points) What is the probability of not less than 5 adults owning mutual funds? O Fi O W
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