PBS news Hour reported that 39.4% of Americans between the ages of 25 and 64 have at

Question:

PBS news Hour reported that 39.4% of Americans between the ages of 25 and 64 have at least a two-year college degree (PBS website, December 15, 2014). Assume that 50 Americans between the ages of 25 and 64 are selected randomly.

a. What is the expected number of people with at least a two-year college-degree?

b. What are the variance and standard deviation for the number of people with at least a two-year college degree?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Business & Economics

ISBN: 9781305585317

13th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran

Question Posted: