An InsuranceQuotes.com survey* indicated that 8% of American…
An InsuranceQuotes.com survey* indicated that 8% of Americans had a holiday package stolen from outside their front door. You randomly select 20 people and ask whether they have had a package stolen from their front door. a. One of the conditions for a binomial probability distribution is to have a fixed number of trials. Explain why this problem meets this condition. b. Find the probability that exactly 4 people from a group of 20 randomly selected Americans have had a holiday package stolen. Round your final answer to three decimal places. *Based on real data and from your book.
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