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...


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)




Jun 10, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here