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What is the expected number of people unemployed

Discussion:

Q: A recently published study shows that a country's true unemployment rate to be 12%. Assume that 300 members of the labour force are selected at random.

A) What is the expected number of people unemployed?

B) What is the probability that exactly 29 people are unemployed?

C) What is the probability that at least 29 people are unemployed?

D) What is the probability that not more than 29 people are unemployed?

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Basic Statistics: What is the expected number of people unemployed

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