A survey indicated that 12% of residents of a country have a great deal of confidence in banks and financial institutions. If 12 residents of the country were chosen at random, find the probability that at most 2 residents had a great deal of confidence in banks and financial institutions. The probability that at most 2 residents had a great deal of confidence in banks and financial institutions is (Round to four decimal places as needed.)

A survey indicated that 12% of residents of a country have a great deal of confidence in banks and financial institutions. If 12 residents of the country were chosen at random, find the probability that at most 2 residents had a great deal of confidence in banks and financial institutions. The probability that at most 2 residents had a great deal of confidence in banks and financial institutions is (Round to four decimal places as needed.)

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter8: Sequences, Series,and Probability

Section8.7: Probability

Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....

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