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Use the following to answer these questions: 60% of people plan to spend money on traveling over the summer months. Suppose we take a sample

Use the following to answer these questions:

60% of people plan to spend money on traveling over the summer months. Suppose we take a sample of 12 people.

How many people are expected to spend money on traveling out of the 12?

a. 7.2

b. 7.0

c. 8.0

d. 4.8

What is the standard deviation of this distribution?

a. 2.88

b. 4.32

c. 2.0785

d. 1.6971

What is the probability that 10 people will spend money on traveling?

a. 0.6000

b. 0.0060

c. 0.0639

d. 0.0718

What is the probability that less than 10 people will spend money on traveling?

a. 0.9165

b. 0.0196

c. 0.0835

d. 0.9361

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