A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN: 9780134753119
Author: Sheldon Ross
Publisher: PEARSON
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A research institute reports that 73% of workers reported that they and/or their spouse had saved some money for retirement. Complete parts a and b below.
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a. If a random sample of 40 workers is taken, what is the probability that fewer than 23 workers and/or their spouses have saved some money for retirement?
The probability is
(Round to four decimal places as needed)
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Transcribed Image Text:A research institute reports that 73% of workers reported that they and/or their spouse had saved some money for retirement. Complete parts a and b below. Cam a. If a random sample of 40 workers is taken, what is the probability that fewer than 23 workers and/or their spouses have saved some money for retirement? The probability is (Round to four decimal places as needed)
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