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Time Magazine determined 85% of adults in all income brackets agreed with the following: “Money doesn’t...

Time Magazine determined 85% of adults in all income brackets agreed with the following: “Money doesn’t buy happiness, but it helps.” Assume this is true for the current population of Americans, and a random sample of 60 adults were selected for an experiment. If r represent the number of adults agreeing with this statement, find the mean and standard deviation of the probability distribution of r.

Math   Statistics-And-Probability   
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