document.write( "Question 1172798: A recent estimate suggested that, of all individuals
\n" ); document.write( "and couples reporting income in excess of $200,000,
\n" ); document.write( "6.5% either paid no federal tax or paid tax at an ef-
\n" ); document.write( "fective rate of less than 15%. A random sample of 100
\n" ); document.write( "of those reporting income in excess of $200,000 was
\n" ); document.write( "taken. What is the probability that more than 2 of the
\n" ); document.write( "sample members either paid no federal tax or paid tax
\n" ); document.write( "at an effective rate of less than 15%? \n" ); document.write( "

Algebra.Com's Answer #797908 by ewatrrr(24785) $\"\"$ $\"About$

You can put this solution on YOUR website!


\n" );
document.write( "Hi  
\n" );
document.write( "Binomial , Cumulative Distribution
\n" );
document.write( "p(desired outcome) = .065, n = 100
\n" );
document.write( "P(x >2) = 1 - P(x ≤ 2) = 1 - binomcdf(100, .065, 2) = 1-.0384 = .9616\r
\n" );
document.write( "\n" );
document.write( "Recommend using stattrek.com Binomial calculator to check YOUR work.
\n" );
document.write( "Wish You the Best in your Studies. \n" );
document.write( "

\n" );