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According to national data, about 13% of American college students earn a graduate degree. Using this estimate, what is the probability that exactly 24 undergraduates
According to national data, about 13% of American college students earn a graduate degree. Using this estimate, what is the probability that exactly 24 undergraduates in a random sample of 200 students will earn a college degree? Hint: Use the normal approximation to the binomial distribution, where
p = 0.13
and
q = 0.87.
(Round your answer to four decimal places.)
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