In the past year, 13% of businesses have eliminated jobs. If 6 businesses are selected at...
In the past year, 13% of businesses have eliminated jobs. If 6 businesses are selected at random, find the probability that at least 4 have eliminated jobs during the last year. Round the answer to at least four decimal places.
Homework Answers
Here it is given that p=0.13 is same for all, n=6 is constant, events are independent and only two outcomes
Hence all the properties of binomial are satisfied, hence we will use excel binomial formula to find the required probability
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In the past year, 13% of businesses have eliminated jobs. If 6
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