Question

con pee1.2.2532% of college students say they use credit cards because of the rewards program You randomly select 10 college students and ask each to name the reason he or she uses credit cards Find the probarcredit cards because of the rewards program is (a) exactly two. (b) more than twoand (c) between two and five inclusive. If convenient use technology to find the probabilities(a) P(2)=Round to the nearest thousandth as needed)

Answer 1

Multiply the number of students (10) by the percentage that say that they use credit cards because of the rewards program (32%)

First, write the percentage in decimal form, by dividing it by 100:

32/100 = 0.32

Now multiply:

10 x 0.32 = 3.2 students

More than 2