According to the Insurance Research Council, 14% of U.S. drivers are uninsured. A random sample of seven drivers was selected. What is the probability that three or more of these drivers are uninsured?
A) 0.0620
B) 0.0956
C) 0.1233
D) 0.1518
A
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When executives from competing firms meet to decide which of them will submit the lowest bid on a contract, they are indulging in _____
a. price discrimination b. price fixing c. bait pricing d. penetration pricing
In the context of HR technology, biometrics reduces efficiency and increases fraud.
Answer the following statement true (T) or false (F)
Countries are prohibited by international law from regulating the percentage of foreign ownership of businesses that are incorporated within their borders
a. True b. False Indicate whether the statement is true or false
Which of the following statements is true about the lemon laws?
a. They are state laws that are aimed toward preventing the public from credit card frauds. b. They are state laws that attempt to provide new car purchasers with rights that are similar to full warranties under the Magnuson-Moss Act. c. They are federal laws designed specifically to protect consumers from fraudulent warranties on consumer products. d. They are federal laws designed to protect debtors of close-ended credit from predatory collection practices that were outlawed in the Dodd-Frank Act.