You have just finished paying off your $35,125 loan, a feat which took ten years of quarterly payments. The loan had an interest
2 answers:
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Answer:
a) 0.1829
b) 0.6823
c) 0.0413
Step-by-step explanation:
We are given the following information:
We treat adult having little confidence in the newspaper as a success.
P(Adult have little confidence) = 62% = 0.62
Then the number of adults follows a binomial distribution, where
where n is the total number of observations, x is the number of success, p is the probability of success.
Now, we are given n = 10
a) exactly 5
0.1829 is the probability that exactly 5 out of 10 U.S.adults have very little confidence in newspapers.
b) atleast six
0.6823 is the probability that atleast 6 out of 10 U.S. adults have very little confidence in newspapers.
c) less than four
0.0413 is the probability that less than 4 out of 10 U.S. adults have very little confidence in newspapers.