(Answered) Consider this problem please identify the type of

Finance

Consider this problem. Please identify the type of distribution and explain how you would solve it. You many use Excel, Minitab, your TI-85, or you may hand compute the formula.

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Problem: 29% of Americans ages 16 to 21 years old say that they would break up with their boyfriend/girlfriend for $10,000. You select at random twenty 16-21 year olds. What is the probability that the first person who says he or she would break up for $10,000 is the fifth person asked?

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