According to the Bureau of Labor Statistics, the unemployment rate for workers aged 20 to 24 in
Question:
According to the Bureau of Labor Statistics, the unemployment rate for workers aged 20 to 24 in February 2013 was 13.1%. Consider a random sample of 110 workers from this age group.
a. What is the probability that 20 or fewer will be unemployed?
b. What is the probability that 15 or fewer will be unemployed?
c. What is the probability that between 10 and 16 of them will be unemployed?
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