esearch Institute reports that 66% of workers reported that they and/or their spouse had saved some money for retirement. Complete parts a and b below. a. If a random sample of 40 workers is taken, what is the probability that fewer than 21 workers and/or their spouses have saved some money for retirement? The probability is (Round to four decimal places as needed.)

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section: Chapter Questions
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A research institute reports that 66% of workers reported that they and/or their spouse had saved some money for retirement. Complete parts a and b below.
CO
a. If a random sample of 40 workers is taken, what is the probability that fewer than 21 workers and/or their spouses have saved some money for retirement?
The probability is
(Round to four decimal places as needed.)
Transcribed Image Text:A research institute reports that 66% of workers reported that they and/or their spouse had saved some money for retirement. Complete parts a and b below. CO a. If a random sample of 40 workers is taken, what is the probability that fewer than 21 workers and/or their spouses have saved some money for retirement? The probability is (Round to four decimal places as needed.)
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