QUESTION 17 According to a recent study, 49.1% of all financial consumers believe banks are more competitive today than they were five years ago. Suppose a random sample of 10 financial consumers is selected. What is the probability that less than 2 financial consumers believe banks are more competitive today than they were five years ago. Round your answer to four decimal places.

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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QUESTION 17
According to a recent study, 49.1% of all financial consumers believe banks are more competitive today than they were
five years ago. Suppose a random sample of 10 financial consumers is selected. What is the probability that less than 2
financial consumers believe banks are more competitive today than they were five years ago. Round your answer to
four decimal places.
QUESTION 18
In the past decades, The UAE has focused on the education sector. As a result, 87.4% of female high-school graduates
pursue further education at tertiary-level institutions. Suppose a random sample of 12 female high-school graduates is
selected. What is the probability that exactly five of them will not pursue further education at tertiary-level institutions?
Round your answer to four decimal places.
Transcribed Image Text:QUESTION 17 According to a recent study, 49.1% of all financial consumers believe banks are more competitive today than they were five years ago. Suppose a random sample of 10 financial consumers is selected. What is the probability that less than 2 financial consumers believe banks are more competitive today than they were five years ago. Round your answer to four decimal places. QUESTION 18 In the past decades, The UAE has focused on the education sector. As a result, 87.4% of female high-school graduates pursue further education at tertiary-level institutions. Suppose a random sample of 12 female high-school graduates is selected. What is the probability that exactly five of them will not pursue further education at tertiary-level institutions? Round your answer to four decimal places.
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