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
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section: Chapter Questions
Problem 14T: An unbalanced coin is weighted so that the probability of heads is 0.55. The coin is tossed ten...
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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.)
Transcribed Image Text: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.)
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