Question

In: Statistics and Probability

A survey reported that 3232​% of people plan to spend more on eating out after they...

A survey reported that

3232​%

of people plan to spend more on eating out after they retire. If

tenten

people are randomly​ selected, determine the values below.

a.

The expected number of people who plan to spend more on eating out after they retire

b.

The standard deviation of the individuals who plan to spend more on eating out after they retire

c.

The probability that two or fewer in the sample indicate that they actually plan to spend more on eating out after retirement

Solutions

Expert Solution

TOPIC:Binomial distribution.


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