A survey indicates that 30% of the people who earn less than $35000 per year are homeowners. If a sample of 10 people who earn less than $35000 per year is randomly selected, what is the probability that the number of home homeowners, who earn less than $35000, will be less than 3? Find the mean and standard deviation of random variable X, where X is the number of people who earn less than $35000 out of 10 selected.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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A survey indicates that 30% of the people who earn less than $35000 per year are
homeowners. If a sample of 10 people who earn less than $35000 per year is randomly
selected, what is the probability that the number of home homeowners, who earn less than
$35000, will be less than 3? Find the mean and standard deviation of random variable X,
where X is the number of people who earn less than $35000 out of 10 selected.

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