2023 Sixty percent of households say they would feel secure if they had 50 000 in savings You randomly select | Assignments Online

2023 Sixty percent of households say they would feel secure if they had 50 000 in savings You randomly select | Assignments Online

Assignments Online 2023 Business Finance

  

Sixty percent of households say they would feel secure if they had $50,000 in savings. You randomly select 8 households and ask them if they would feel secure if they had $50,000 in savings. Find the probability that the number that say they would feel secure is a) exactly five, b)more than five, and c) at most five.

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