SOLUTION: the pie chart to the right shows how adults rate their financial shape. Suppose 4 people are chosen at random from a group of 1100. what is the probability that all four would rat

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Question 911198: the pie chart to the right shows how adults rate their financial shape. Suppose 4 people are chosen at random from a group of 1100. what is the probability that all four would rate their financial shape as excellent? (make the assumption that the 1100 people are represented by the pie chart)
PIE CHART DATA:
Excellent 7%
Good 44%
Fair 35%
Poor 13%
Other 1%

Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
p = .07, n = 1100, 77 rated excellent
P(randomly choose 4 Excellent) = %2877C4%29%281023C0%29%2F%281100C4%29+=+77C4%2F%281100C4%29