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Use the following information for the question. Suppose that the probability that the train travelling from Holland, Michigan to Chicago, Illinois arrives on time is 0.80. For the questions that follow, consider a sample of twenty randomly selected train trips.
-What is the probability that thirteen or less trips out of twenty arrive on time to Chicago? Round to the nearest thousandth.
Ethical Decision Making
The practice of appraising and opting for choices in a manner that is in agreement with ethical norms.
Difference Principle
A principle suggesting that societal inequalities are only justified if they benefit the least advantaged members of society.
Economic Equalities
The state or goal of fair distribution of wealth and resources among individuals or groups, aiming for minimized financial disparities.
Social Equalities
The condition in which no differences in wealth, opportunities, and status exist among members of a society.
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