In a certain city of several million people, 5 . 2 % of the adults are unemployed.

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In a certain city of several million people,

5.2 %

of the adults are unemployed. If a random sample of

255

adults in this city is selected, approximate the probability that at least

15

in the sample are unemployed. Use the normal approximation to the binomial with a correction for continuity. Round your answer to at least three decimal places. Do not round any intermediate steps.

Related Book For answer-question

Introduction To Actuarial And Financial Mathematical Methods

ISBN: 9780128001561

1st Edition

Authors: Stephen Garrett

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Posted Date: Feb 29, 2024 12:27 AM

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In a certain city of several million people, 5 . 2 % of the adults are unemployed.

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To approximate the probability using the normal approximation to the binomial distribution with a co... View the full answer

Introduction To Actuarial And Financial Mathematical Methods

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