According to the Canadian census of 2006, the median annual family income for families in Nova Scotia is $56,400. (Source: Stats Canada. www.statcan.ca) Consider a random sample of 24 Nova Scotia households.
a. What is the expected number of households with annual incomes less than $56,400?Answer in 0 decimal place.
b. What is the standard deviation of households with incomes less than $56,400(Answer in 2 decimal places)
c. What is the probability of getting at least 18 out of the 24 households with annual incomes under $56,400?(Answer in 3 decimal places)
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here