“It has been found that 45% of Singaporeans spend beyond their income. In a random survey conducted, 7 people were asked about their spending behavior. Compute the probability that exactly 2 people surveyed spend beyond their income.” 1) 0.3164 2) 0.214

Binomial Poisson Distribution Quiz

• “It has been found that 45% of Singaporeans spend beyond their income. In a random survey conducted, 7 people were asked about their spending behavior. Compute the expected number of people surveyed who spend beyond their income.”
  1) 3.15
  2) 3.85
  3) 74) 1.3162
• “It has been found that 45% of Singaporeans spend beyond their income. In a random survey conducted, 7 people were asked about their spending behavior. Compute the probability that at most 2 people surveyed spend beyond their income.”
  1) 0.3164
  2) 0.214
  3) 0.1024
  4) 0.0085
• “It has been found that 45% of Singaporeans spend beyond their income. In a random survey conducted, 7 people were asked about their spending behavior. Compute the probability that exactly 2 people surveyed spend beyond their income.”
  1) 0.3164
  2) 0.214 

  3) 0.1024
  4)0.0085