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According to national data, about 10% of American college students earn a graduate degree. Using this...

According to national data, about 10% of American college students earn a graduate degree. Using this estimate, what is the probability that exactly 23 undergraduates in a random sample of 200 students will earn a college degree? Hint: Use the normal approximation to the binomial distribution, where p = 0.1 and q = 0.9. (Round your answer to four decimal places.)

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Answer #1

Given n=200 and p= 0.10

The probability that exactly 23 undergraduates in a random sample of 200 students will earn a college degree is 0.0731

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