45 percent households say they would feel secure if they, Ask an Expert

Statistics

45 percent households say they would feel secure if they had $50,000 in savings. you randemly select 8 households and ask them if they would feel secure if they had $50000in savings. Find the probablity that the number that say would feel secure is (a)exactly five (b)more than five (c)at most five

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9444983

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

Homework nbsp- conditional probability amp bayesian

Homework - Conditional Probability & Bayesian Analysis 1) Questions: a. Consider rolling a 6 sided die 100 times to determine the number of times a "1" occurs: i. This is an example of what type of probability? ii. What ...

Red tide is a bloom of poison-producing algae-a few

"Red tide" is a bloom of poison-producing algae-a few different species of a class of plankton called dinoflagellates. When the weather and water conditions cause these blooms, shellfish such as clams living in the area ...

Find the z-score boundary that separates a normal

Find the z-score boundary that separates a normal distribution as described in each of the following: The lowest 20% of scores

A if a firms marginal tax rate is increased this would

A. If a firm's marginal tax rate is increased, this would affect the cost of preferred stock used to calculate its WACC. T/F B. Suppose the debt ratio (Debt to total assets) is 30%, the current cost of debt is 8%, the cu ...

If we believe the percent to be 75 how many police officers

If we believe the percent to be 75%, how many police officers must we survey to estimate the proportion of officers who graduated from a police academy if we want to ensure we can be 90% we are within 2% of the true prop ...

Wanda is going to silver dipper ice cream shop to get a

Wanda is going to Silver Dipper Ice Cream Shop to get a treat. She has 12 flavors of ice cream to choose from. There are 6 different types of toppings, and she may get her ice cream in a bowl, a regular cone, or a waffle ...

Amy wants to deposit money each year for the next five

Amy wants to deposit money each year for the next five years and each deposit to have $30,000 in real dollars currently and the inflation rate is 3% per year and the nominal interest rate is 9.18%. (Round off all answers ...

Becky fenton has 408035 automobile insurance coverage if

Becky Fenton has 40/80/35 automobile insurance coverage. If two other people are awarded $70,000 each for injuries in an auto accident in which Becky was judged at fault, how much of this judgment would the insurance cov ...

The time to complete 1 construction project for company a

The time to complete 1 construction project for company A is exponentially distributed with a mean of 1 year. Therefore: (a) What is the probability that a project will be finished in one and half years? (b) What is the ...

Find the modified internal rate of return mirr for the

Find the modified internal rate of return (MIRR) for the following series of future cash flows if the company is able to reinvest cash flows received from the project at an annual rate of 8.24 percent. The initial outlay ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Statistics and Probability Expert