SOLUTION: In a random sample of 500 adults, what is the probability that less than 27% carry no credit cards?

Algebra ->  Probability-and-statistics -> SOLUTION: In a random sample of 500 adults, what is the probability that less than 27% carry no credit cards?      Log On


   

Question 860288: In a random sample of 500 adults, what is the probability that less than 27% carry no credit cards?
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
 

Hi,

27% 0f 500 = .27%2A500+=+135   |A little arithmetic first

P = +135%2F500+=+27%2F100+=+.27