Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

the pie chart to the right shows how adults rate their financial shape.…

Question

the pie chart to the right shows how adults rate their financial shape. suppose 18 people are chosen at random from a group of 200. what is the probability that none of the 18 people would rate their financial shape as fair? (make the assumption that the 200 people are represented by the pie chart.)

excellent 5%
good 44%
fair 36%
poor 13%
other 2%

the probability that none of the 18 people would rate their financial shape as fair is 0.000153.
(round to six decimal places as needed.)

Explanation:

Identify population parameters

Using the Pie Chart Construction and Combinatorics knowledge points

$$ LATEXBLOCK0 $$

Apply hypergeometric probability formula

Using the Hypergeometric Probability knowledge point

$$ LATEXBLOCK1 $$

Calculate combinations and probability

Using the Combinatorics knowledge point

$$ LATEXBLOCK2 $$

Round to six decimal places

Using the Percentage Calculation knowledge point

$$ P(X = 0) \approx 0.000153 $$

Answer:

The probability that none of the 18 people would rate their financial shape as fair is <blank>0.000153</blank>.
(Round to six decimal places as needed.)