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Need help solving A report by CN BC suggested that 25% of Americans do not have any retirement savings. Suppose we take a sample of
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A report by CN BC suggested that 25% of Americans do not have any retirement savings. Suppose we take a sample of 150 American adults. Suppose we are interested in finding the probability that a certain number of individuals in our sample don't have a retirement account. Write all answers below as decimals and round to 4 decimal places. Blank #1: What probability distribution models this situation? Blank #2: What is the probability that exactly 30 of the people in our sample do not have any retirement savings? Blank #3: What is the probability that 30 or less people in our sample do not have any retirement savings? Blank #4: What is the probability that less than 30 people do not have any retirement savings. Blank #5: What is the probability the more than 30 people do not have any retirement savingsStep by Step Solution
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