Problem

Earthquakes! Suppose that one out of every 10 homeowners in the state of California...

Earthquakes! Suppose that one out of every 10 homeowners in the state of California has invested in earthquake insurance. If 15 homeowners are randomly chosen to be interviewed,

a. What is the probability that at least one had earthquake insurance?

b. What is the probability that four or more have earthquake insurance?

c. Within what limits would you expect the number of homeowners insured against earthquakes to fall?

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