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1: Cumulative Binomial Distribution Table Suppose that 20 %of all home buyers will do some remodeling...


1: Cumulative Binomial Distribution Table
Suppose that 20 %of all home buyers will do some remodeling to their home within the first five years of home
ownership. Assuming this is true, use the binomial distribution to determine the probability that in a random
sample of 20 homeowners,3 or fewer will remodel their homes. Use the binomial table.
20
20
Click the icon to view the cumulative binomial distribution table.
1
The probability that or fewer people in the sample indicate that they will remodel their homes is
.
3
(Round to four decimal places as needed.)

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