As of 2018, 30% of Americans have confidence in U.S. banks, which is still below the pre-recession

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As of 2018, 30% of Americans have confidence in U.S. banks, which is still below the pre-recession level of 41% reported in June 2007 (www.gallup.com, June 28, 2018).

a. What is the probability that fewer than half of four Americans in 2018 have confidence in U.S. banks?

b. What would have been the corresponding probability in 2007?

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Business Analytics Communicating With Numbers

ISBN: 9781260785005

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Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen

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Question Posted: Feb 16, 2023 03:54 AM

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As of 2018, 30% of Americans have confidence in U.S. banks, which is still below the pre-recession

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Business Analytics Communicating With Numbers

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