Answer to Question #200405 in Economics for Mere

Question #200405

According to the New Zealand department of labor, approximately 4% of all workers in Auckland are unemployed. If you were conducting a random telephone survey in Auckland, what would be the probability of getting two or fewer unemployed workers in a sample of 20? 


1
Expert's answer
2021-05-30T14:19:10-0400

By the Bernoulli formula


"P_{1,20}+P_{2,20}=0.368+0.009=0.377"


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