Dorothy Little Purchased a Mailing List of 2,000 Names and Addresses

question 86

Multiple Choice

Dorothy Little purchased a mailing list of 2,000 names and addresses for her mail order business, but after scanning the list she doubts the authenticity of the list.She randomly selects five names from the list for validation.If 40% of the names on the list are non-authentic, and x is the number of non-authentic names in her sample, P(x>0) is ______________.

• A)0.2172
• B)0.9533
• C)0.1846
• D)0.9222
• E)1.0000

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Definitions:

Officially Unemployed

Individuals who are jobless, actively seeking work, and available to take a job, as defined and measured by official government statistics.

Government Cut Spending

A fiscal policy action where the government reduces its expenditures to control public sector debt or influence the economy.

Labor Force

The total number of people employed or actively seeking employment within an economy.

Discouraged Worker

An individual who is not actively seeking employment due to the belief that there are no jobs available for them or that they would not qualify for those that are available.