George believes the Art Club students at his school have an unfair advantage in being assigned to the art class they request. He
2 answers:
You might be interested in
Answer:
0.5981 = 59.81% probability that three or less of the selected adults have saved nothing for retirement
Step-by-step explanation:
For each adult, there are only two possible outcomes. Either they save nothing for retirement, or they save something. The probability of an adult saving nothing for retirement is independent of any other adult. This means that the binomial probability distribution is used to solve this question.
Binomial probability distribution
The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.
In which is the number of different combinations of x objects from a set of n elements, given by the following formula.
And p is the probability of X happening.
20% of adults in the United States save nothing for retirement (CNBC website).
This means that
Suppose that sixteen adults in the United States are selected randomly.
This means that
What is the probability that three or less of the selected adults have saved nothing for retirement?
This is:
In which
0.5981 = 59.81% probability that three or less of the selected adults have saved nothing for retirement
Answer:
Step-by-step explanation:
The numerator of the rational expression the money he earned for 'x' hours
The rate at which William is paid for each hour in excess of 40 hours 24.
x = 50 hours = (40 + 10 ) hours
The amount paid for excess 10 hours = 24 *10 = 240
Total amount earned for the week = 480 + 240 = 720