You choose 4 people at random from a group of 1200. What is the probability that all
Question:
Use the pie chart, which shows how U.S. adults rate their financial shape.
Rate Your Financial Shape
Transcribed Image Text:
Excellent 7% Other 1% Poor 22% / Good 32% Fair 38%
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
7 1200 007 1200 84 of the 12...View the full answer
Answered By
Joseph Mwaura
I have been teaching college students in various subjects for 9 years now. Besides, I have been tutoring online with several tutoring companies from 2010 to date. The 9 years of experience as a tutor has enabled me to develop multiple tutoring skills and see thousands of students excel in their education and in life after school which gives me much pleasure. I have assisted students in essay writing and in doing academic research and this has helped me be well versed with the various writing styles such as APA, MLA, Chicago/ Turabian, Harvard. I am always ready to handle work at any hour and in any way as students specify. In my tutoring journey, excellence has always been my guiding standard.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Elementary Statistics Picturing The World
ISBN: 9780321911216
6th Edition
Authors: Ron Larson, Betsy Farber
Question Posted:
Students also viewed these Statistics questions
-
You choose 10 people at random from a group of 1200. What is the probability that all 10 would rate their financial shape as poor? (Make the assumption that the 1200 people are represented by the pie...
-
You choose 80 people at random from a group of 500. What is the probability that none of the 80 people would rate their financial shape as fair? (Make the assumption that the 500 people are...
-
You choose 55 people at random from a group of 500. What is the probability that none of the 55 people would rate their financial shape as good? (Make the assumption that the 500 people are...
-
You plan to "go green" and install solar panels on your home in 36 months. The solar company has a payment plan whereby you will pay for the panels in 120 monthly payments (installments) starting in...
-
The McDonald Investment Company was a corporation organized and incorporated in the state of Minnesota. The principal and only place of business from which the company conducted operations was Rush...
-
Canney Company borrows $90,000 on July 1 from the bank by signing a $90,000, 7%, 1-year note payable. Prepare the journal entries to record (a) The proceeds of the note and (b) Accrued interest at...
-
In an examination of the Marco Corporation as at December 31, 19X2, you have learned that the following situations exist. No entries in respect thereto have been made in the accounting records. 1....
-
Spring Waters, Inc., produces bottled drinks. The New York Division acquires the water, adds carbonation, and sells it in bulk quantities to the New Jersey Division of Spring Waters and to outside...
-
What are the definitions for the ratios? How can we utilize them for analysis. Refer to the Huron Farms Dressage. Try to prepare projected statements of earnings for the next three years. Will the...
-
Fifty cities provided information on vacancy rates (in percent) for local apartments in the following frequency distribution. Vacancy Rate (in percent) ......Frequency 0 up to 3 .............. 5 3 up...
-
The offices of president, vice president, secretary, and treasurer for an environmental club will be filled from a pool of 14 candidates. Six of the candidates are members of the debate team. (a)...
-
A company that has 200 employees chooses a committee of 15 to represent employee retirement issues. When the committee is formed, none of the 56 minority employees are selected. (a) Use technology to...
-
The elasticity of bread is E = 0.35. If the price of bread increases from $1.75 to $2.00, does the demand for bread increase or decrease? Estimate the percent change in the quantity demanded.
-
Sumarize: Older U.S. couples will be able contribute more than $10,000 annually toward tax-free health savings accounts. Under guidance the IRS announced Tuesday that goes into effect next year,...
-
After discussing the details of the market segment you are targeting with your Marketing and Risk Departments, your team learned that consumers would prefer access to longer loan terms. The Risk...
-
The following are the number of units produced and total cost of production of Company ZYX for the first three months of the year: 100,000 units @ $1,650,000 125,000 units @ $2,050,000 90,000 units...
-
Roger Inc. owns 90% of the common shares of Soldier Inc. For the year ended December 31, 20X4, Solider earned $20,000 of net income and paid $5,000 in dividends. What is the journal entry made by...
-
What would the balances of Williams and marks capital accounts be? All profit and losses will be shared equally if based on these accounts Williams contributed 83,000 cash mark contributed land...
-
On February 1, 2023, Daily Produce Ltd. entered into a purchase commitment contract to buy apples from Farmers Corporation. According to the contract, Daily Produce could settle the contact on a net...
-
The area of square PQRS is 100 ft2, and A, B, C, and D are the midpoints of the sides. Find the area of square ABCD. B A
-
Find the indicated area under the standard normal curve. If convenient, use technology to find the area. To the left of z = -1.28 and to the right of z = 1.28
-
Find the indicated area under the standard normal curve. If convenient, use technology to find the area. To the left of z = -1.44 and to the right of z = 2.21
-
The test scores for the verbal reasoning and the quantitative reasoning sections of the Graduate Record Examination (GRE) are normally distributed. In a recent year, the mean test score was 150 and...
-
What are the challenges and strategies for implementing TPM in highly regulated industries, such as pharmaceuticals or aerospace? How can TPM contribute to compliance and quality assurance in these...
-
In multi-site manufacturing operations, what role does TPM play in standardizing maintenance practices and ensuring consistency across different plants or facilities? Discuss the challenges and...
-
Identify and evaluate the components of a comprehensive total rewards and motivation system? Illustrate with specific examples.
Study smarter with the SolutionInn App