Multiple Choice
Exhibit 5-12.According to a Department of Labor report,the city of Detroit had a 20% unemployment rate in May of 2011 (Bureau of Labor Statistics,May,2011) .Eight working-age residents were chosen at random. Refer to Exhibit 5-12.What is the probability that exactly four residents were unemployed?
A) 0.0013
B) 0.0091
C) 0.0459
D) 0.1468
Correct Answer:

Verified
Correct Answer:
Verified
Q61: In a particular game of cards, success
Q103: Exhibit 5-10.According to a study by the
Q104: Exhibit 5-10.According to a study by the
Q106: A six-sided,unfair (weighted)die has the following probability
Q107: A risk averse consumer ignores risk and
Q109: During an hour of class, a professor
Q109: Which of the following can be represented
Q111: Exhibit 5-15.A bank manager estimates that an
Q112: Exhibit 5-11.For a particular clothing store,a marketing
Q113: Exhibit 5-4.Consider the following probability distribution. <img