Mathematics
Mathematics, 15.10.2019 18:30, renee9913

In a study by peter d. hart research associates for the nasdaq stock market, it was determined that 20% of all stock investors are retired people. in addition, 40% of all u. s. adults invest in mutual funds. suppose a random sample of 25 stock investors is taken. a. what is the probability that exactly six are retired people? b. what is the probability that 9 or more are retired people? c. how many retired people would you expect to find in a random sample of 25 stock investors? d. suppose a random sample of 20 u. s. adults is taken. what is the probability that exactly seven adults invested in mutual funds? e. suppose a random sample of 20 u. s. adults is taken. what is the probability that fewer than seven adults invested in mutual funds? f. suppose a random sample of 20 u. s. adults is taken. what is the probability that none of the adults invested in mutual funds? g. suppose a random sample of 20 u. s. adults is taken. what is the probability that 11 or more adults invested in mutual funds? h. for parts eā€“g, what exact number of adults would produce the highest probability? how does this compare to the expected number?

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In a study by peter d. hart research associates for the nasdaq stock market, it was determined that...

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