Thirty-five percent of households


Thirty-five percent of households say they would feel secure if they had $50,000 in savings. You randomly pick eight 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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Basic Statistics: Thirty-five percent of households
Reference No:- TGS0868879

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