Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose that3out of every 10 homeowners in the state of California has invested in earthquake insurance. Suppose15homeowners are randomly chosen to be interviewed. (a) What

Suppose that3out of every 10 homeowners in the state of California has invested in earthquake insurance. Suppose15homeowners are randomly chosen to be interviewed.

(a)

What is the probability that at least one had earthquake insurance? (Round your answer to three decimal places.)

(b)

What is the probability that four or more have earthquake insurance? (Round your answer to three decimal places.)

(c)

Based on the empirical rule within what limits would you expect the number of homeowners insured against earthquakes to fall approximately 95% of the time? (Round your answers to the nearest whole number.)

_____ to_______

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

An Introduction to Analysis

Authors: William R. Wade

4th edition

132296381, 978-0132296380

More Books

Students also viewed these Mathematics questions

Question

Explain about operations on Data Structure?

Answered: 1 week ago