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An American Society of Investors survey found 30 percent of individual investors have
Chapter 0, Problem 13(choose chapter or problem)
An American Society of Investors survey found 30 percent of individual investors have used a discount broker. In a random sample of nine individuals, what is the probability: a. Exactly two of the sampled individuals have used a discount broker? b. Exactly four of them have used a discount broker? c. None of them have used a discount broker?
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QUESTION:
An American Society of Investors survey found 30 percent of individual investors have used a discount broker. In a random sample of nine individuals, what is the probability: a. Exactly two of the sampled individuals have used a discount broker? b. Exactly four of them have used a discount broker? c. None of them have used a discount broker?
ANSWER:Step 1 of 4
An American Society of Investors survey found 30 percent of individual investors have used a discount broker, that is the probability that individual investor has used a discount broker or
Total individuals