SOLUTION: Sixty percent of households say they would feel secure if they had​ $50,000 in savings. You randomly select 88 households and ask them if they would feel secure if they had&#
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Question 1049733: Sixty percent of households say they would feel secure if they had $50,000 in savings. You randomly select 88 households and ask them if they would feel secure if they had $50,000 in savings. Find the probability that the number that say they would feel secure is (a) exactly five, (b) more than five, and (c) at most five.
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
p(feel secure) = .8, n = 88
P(x = 5) = binompdf(88, .8, 5)
P(x > 5) = 1 - P(x <= 5) = 1 - binomcdf(88,.8, 5)
p(x <=5) = binomcdf(88,.8. 5)
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