Question: Question 4 - A researcher knows that in a given neighbourhood, 45% of the households have incomes over $100,000. What is the probability that in

Question 4 - A researcher knows that in a given neighbourhood, 45% of the households have incomes over $100,000. What is the probability that in a random sample of 10 households from that neighbourhood:

(a) exactly 5 households will have incomes over $100,000?

(b) 3 or fewer households will have incomes over $100,000?

(c) more than 6 households will have incomes over $100,000?

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!