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Suppose that 3% of the families in a large city have an
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QUESTION:
Suppose that 3% of the families in a large city have an annual income of over $60,000. What is the probability that, of 60 random families, at most three have an annual income of over $60,000?
Questions & Answers
QUESTION:
Suppose that 3% of the families in a large city have an annual income of over $60,000. What is the probability that, of 60 random families, at most three have an annual income of over $60,000?
ANSWER:Step 1 of 3
Given:
The probability of the families in a large city having an annual income of over $60,000 is .