Math Problem Statement
53% of all Americans are home owners. Round your answers to four decimal places. If 33 Americans are randomly selected, find the probability that
a. Exactly 16 of them are are home owners. b. At most 19 of them are are home owners. c. At least 15 of them are home owners. d. Between 15 and 20 (including 15 and 20) of them are home owners.
Solution
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Probability
Binomial Distribution
Formulas
Binomial Probability Formula: P(X = k) = (nCk) * p^k * (1-p)^(n-k)
Cumulative Binomial Probability for 'at most' and 'at least' scenarios
Theorems
Law of Large Numbers
Binomial Theorem
Suitable Grade Level
Grades 10-12
Related Recommendation
Binomial Probability: Homeownership in a Random Sample of 30 Americans
Calculating Probability Using Binomial Distribution: P(X > 4) with n = 17 and p = 0.3
Binomial Distribution: Dog Ownership Probability in 25 Households
Binomial Probability: 64% Americans in Cities with Population >100,000
Binomial Distribution: Probability of Selling No More Than 4 Properties from 18