document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=482559>Question 482559</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Using your state’s current unemployment rate, what is the probability that you will be able to find a new job within 6 months after being laid off?<BR>\n" );
document.write( "Oklahoma--- 5.3\r<BR>\n" );
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document.write( "This is what I came up with do not know if it is right or wrong. \r<BR>\n" );
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document.write( "p(u)=.53^n<BR>\n" );
document.write( "p(u=1)=.053-----------------0.053<BR>\n" );
document.write( "p(u=2)=.053^2---------------0.002809<BR>\n" );
document.write( "p(u=3)=.053^3---------------0.00014888<BR>\n" );
document.write( "p(u=4)=.053^4---------------7.890481*10 to the -06 power<BR>\n" );
document.write( "p(u=5)=.053^5---------------4.18195493*10 to the -07 power\r<BR>\n" );
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document.write( "once I add the right column up I get 0.05596619\r<BR>\n" );
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document.write( "so my answer would be p(1<=u<6)= 0.05596619<BR>\n" );
document.write( "Is this correct or did I do it all wrong?<BR>\n" );
document.write( "Thank you for your time </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #330416 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=330416\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Using your state’s current unemployment rate, what is the probability that you will be able to find a new job within 6 months after being laid off?<BR>\n" );
document.write( "---<BR>\n" );
document.write( "You need the probability that a randomly chosen individual<BR>\n" );
document.write( "in your state will find a job within 6 months after being laid off.<BR>\n" );
document.write( "That value will be your \"p\" for a binomial distribution.<BR>\n" );
document.write( "-----------------------------------<BR>\n" );
document.write( "Then you need a random sample of size \"n\" of people who were<BR>\n" );
document.write( "laid off.<BR>\n" );
document.write( "--------------------------   <BR>\n" );
document.write( "Then you can calculate the probability distribution for<BR>\n" );
document.write( "0 to n of those people who will find a job within 6 months<BR>\n" );
document.write( "after being laid off.<BR>\n" );
document.write( "=================<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
document.write( "===================<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );