Question

According to financial records, 24% of U.S. adults have more debt on their credit cards than they have money in their savings accounts. Suppose that we take a random sample of 100 U.S. adults. Let = the number of adults in the sample with more debt than savings.
What is the probability that 30 or more adults in the sample have more debt than savings?

0.8991

0.034

0.1009

0.9331

0.0669

Answer 1

Answer:

A narrow majority of U.S. adults (53%) now describe their personal financial situation as excellent or good, up from 47% in April 2020. The share saying their finances are in only fair or poor shape now stands at 46%, compared with 52% earlier in the pandemic.

Step-by-step explanation: