According to a Gallup poll, 60% of American adults prefer saving over spending. Let X = the number of Ame adults out of a random sample of 50 who prefer saving to spending. a. What is the probability distribution for X? b. Use your calculator to find the following probabilities: i. the probability that 25 adults in the sample prefer saving over spending ii. the probability that at most 20 adults prefer saving iii. the probability that more than 30 adults prefer saving

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.7: Probability
Problem 47SE: For the following exercises, use this scenario: a bag of M&Ms contains 12 blue, 6 brown, 10 orange,...
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TRY IT 4.14
According to a Gallup poll, 60% of American adults prefer saving over spending. Let X = the number of American
adults out of a random sample of 50 who prefer saving to spending.
a. What is the probability distribution for X?
b. Use your calculator to find the following probabilities:
i. the probability that 25 adults in the sample prefer saving over spending
ii. the probability that at most 20 adults prefer saving
iii. the probability that more than 30 adults prefer saving
c. Using the formulas, calculate the (i) mean and (ii) standard deviation of X.
Transcribed Image Text:TRY IT 4.14 According to a Gallup poll, 60% of American adults prefer saving over spending. Let X = the number of American adults out of a random sample of 50 who prefer saving to spending. a. What is the probability distribution for X? b. Use your calculator to find the following probabilities: i. the probability that 25 adults in the sample prefer saving over spending ii. the probability that at most 20 adults prefer saving iii. the probability that more than 30 adults prefer saving c. Using the formulas, calculate the (i) mean and (ii) standard deviation of X.
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