Question

A survey claims that 78% of Fiji households have at least one credit card. Find the probability that in a random sample of 500 Fiji households, 375 to 385 have at least one credit card. in statistics

Answer 1

Step-by-step explanation:

Given A survey claims that 78% of Fiji households have at least one credit card. Find the probability that in a random sample of 500 Fiji households  375 to 385 have at least one credit card. in statistics

• Given a survey claims that 78% of Fiji households have at least one credit card. We need to find the probability that by taking a random sample of 500 Fiji house holds 375 to 385 people with at least one credit card.
• So Probability will be favourable outcome / possible outcome
•                                   = 375 / 500
•                                    = 75 / 100
•                                     = 0.75

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