SOLUTION: The unemployment rate in a city is 15%. If 7 people from the city are sampled at random, find the probability that fewer than 2 of them are unemployed.
Carry your intermediate c
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Question 1065208: The unemployment rate in a city is 15%. If 7 people from the city are sampled at random, find the probability that fewer than 2 of them are unemployed.
Carry your intermediate computations to at least four decimal places, and round your answer to at least two decimal places.
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
Interested in 1 or 0
P(0)=0.85^7=0.3206
P(1)=7(.15)^1(.85)^6=0.3960; 7 different ways to have 1 unemployed.
Sum of those two is 0.7166
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