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A survey of undergraduate students at a Business School showed that 25 percent major in Finance. Assume that 15 students were selected: a. What is

A survey of undergraduate students at a Business School showed that 25 percent major in

Finance. Assume that 15 students were selected:

a. What is the probability that none of the selected students major in Finance?

b. What is the probability that exactly three (3) of the selected students major in

Finance?

c. What is the probability that less than five (5) of selected students chose Finance as

major?

d. What is the probability that at least four (4) of the students major in Finance?

e. Compute the mean and standard deviation of this probability distribution.

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