Question

Savings: Fifty-five percent of U.S. 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 exactly five.

Answer 1

Answer:5/8

Explanation:

Total probability outcome =8

And for the probabily of 5

Probability of 5 families who feel secure/total of total outcomes =5/8