SOLUTION: The unemployment rate in a city is 12%. If 8 people from the city are sampled at random, find the probability that fewer than 2 of them are unemployed.
Carry your intermediate com
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Question 1158283: The unemployment rate in a city is 12%. If 8 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 two decimal places.
(If necessary, consult a list of formulas.)
Answer by ikleyn(52779) (Show Source): You can put this solution on YOUR website!
.
It is not precisely accurate formulation, because not only working/unemployed people live in the normal/regular city.
There are also children, students and retired people.
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