SOLUTION: According to a 1995 Time/CNN poll of adults in the United States, 60% believe that "compared with their parents they were better off economically." Assuming that this result ho

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Question 867235: According to a 1995 Time/CNN poll of adults in the United States, 60% believe that "compared with their parents they were better off economically."
Assuming that this result holds true for the current population of all adults in the United States, which value best describes the probability that in a sample taken tomorrow of 10 adults, at most 7 responded that "compared with their parents they were better off economically?"

Answer by ewatrrr(24785)   (Show Source): You can put this solution on YOUR website!
p(Parents better off) = .60, n = 10
P(x ≤ 7) = binomcdf(10, .60, 7) = .8327

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