SOLUTION: The unemployment rate in a city is 12%. Find the probability that more than 2 out of 8 people from this city sampled at random are unemployed. Round your answer to four decimal pl

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Question 300186: The unemployment rate in a city is 12%. Find the probability that more than 2 out of 8 people from this city sampled at random are unemployed. Round your answer to four decimal places.
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
The unemployment rate in a city is 12%. Find the probability that more than 2 out of 8 people from this city sampled at random are unemployed. Round your answer to four decimal places.
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Binomial Problem:
n = 8 ; p = 0.12 ; 3<= x <=8
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Ans: 1 - binomcdf(8,0.12,2)
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= 1 - 0.9392
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= 0.0608
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Cheers,
Stan H.
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