Fifty percent of households say they would feel secure if they had $50,000 in savings. you randomly select 8 households and ask them if they would feel secure if they had $50,000 in savings. find the probability that the number that say they would feel secure is (a) exactly five, (b) more than five, and (c) at most five

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Mathematics

Johan Lucero

5 July, 17:03

Fifty percent of households say they would feel secure if they had $50,000 in savings. you randomly select 8 households and ask them if they would feel secure if they had $50,000 in savings. find the probability that the number that say they would feel secure is (a) exactly five, (b) more than five, and (c) at most five

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Lawrence David · Answer 1

The probability of the householders is likely to answer (c) at most five. suggesting as fifty percent quote this and there is at random 8 households that were asked it would be half of that at least so (c) would be your answer