In a Certain School District, 23% of the Faculty Use

question 12

Multiple Choice

In a certain school district, 23% of the faculty use none of their sick days in a school year. Find the probability that 4 faculty members selected at random used no sick days in a given year. Round your answer to eight decimal places. ​

• A)0.00279841
• B)0.01216700
• C)0.00064363
• D)0.35153041
• E)0.45653300

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Definitions:

Stagnant Economy

An economic condition characterized by slow or no growth in production, employment, and other indicators of economic health.

Simultaneous Inflation

A situation where prices of goods and services rise at the same time across different sectors of an economy.

Prices Rising

An increase in the general level of prices of goods and services in an economy over a period of time.

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.