Question: Previous Problem Problem List Next Problem A recent survey of post-secondary education students in Canada revealed that 76% are confident in their ability to manage

 Previous Problem Problem List Next Problem A recent survey of post-secondary

education students in Canada revealed that 76% are confident in their ability

Previous Problem Problem List Next Problem A recent survey of post-secondary education students in Canada revealed that 76% are confident in their ability to manage their finances. You are to randomly pick 35 post-secondary education students across the country, and ask each the following question: Are you confident in your ability to manage your finances? You have defined the random variable X to represent the number, out of 35 post-secondary students chosen, who respond YES. (a) What is the probability that 21 of these post-secondary students respond YES? P(X = 21) = 5 (use four decimals in your answer) (b) What is the probability that between 15 and 19 of these students will respond YES? P(15

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!