A population of 5 households has the following household incomes: $30,000, $40,000, $50,000, $60,000, and $100,000. A simple random sample of size n=2 is chosen from this population. What is the probability that the sum of the incomes in the sample is at least $100,000?

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter14: Counting And Probability
Section14.3: Binomial Probability
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A population of 5 households has the following household incomes: $30,000, $40,000, $50,000, $60,000, and $100,000. A simple random sample of size n=2 is chosen from this population. What is the probability that the sum of the incomes in the sample is at least $100,000?

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