We Believe That 95% of the Population of All Business

Multiple Choice

We believe that 95% of the population of all Business Statistics students consider statistics to be an exciting subject. Suppose we randomly and independently selected 21 students from the population. If the true percentage is really 95%, find the probability of observing 20 or more students who consider statistics to be an exciting subject. Round to six decimal places.

A) 0.716972
B) 0.340562
C) 0.283028
D) 0.376410