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MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question
100%

Transcribed Image Text:The unemployment rate in a city is 11%. If 8 people from the city are sampled at random, find the probability that fewer than 3 of them are unemployed.
Carry your intermediate computations to at least four decimal places, and round your answer to two decimal places.
(If necessary, consult a list of formulas.)
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Expert Solution

Step 1
Here,
P = 11% = 11/100= 0.11
Sample size (n) = 8
We use binomial distribution to solve this problem.
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