The U.S. Census reports that 3.5% of households have at least three generations living under one roof.
Question:
The U.S. Census reports that 3.5% of households have at least three generations living under one roof. Consider a random sample of 24 households.
a. Use the binomial equation to determine the probability that three households have at least three generations living in the same house.
b. Use the Poisson equation to determine the probability that three households have at least three generations living in the same house.
c. How do these two probabilities compare?
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