In: Statistics and Probability
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 |