SOLUTION: The unemployment rate in a city is 15%. Find the probability that at most 1 out of 8 people from this city sampled at random are unemployed. Round your answer to four decimal place
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Question 449984: The unemployment rate in a city is 15%. Find the probability that at most 1 out of 8 people from this city sampled at random are unemployed. Round your answer to four decimal places. Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! The unemployment rate in a city is 15%. Find the probability that at most 1 out of 8 people from this city sampled at random are unemployed. Round your answer to four decimal places.
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1/8 = 0.125
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z(0.125) = (0.125-0.15)/sqrt(0.15*0.85) = -0.0700
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P(x <= 0.125) = P(z< -0.07) = 0.4721
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Cheers,
Stan H.
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