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A Survey Conducted in 2011 Asked Employed Adults from Age

question 85

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A survey conducted in 2011 asked employed adults from age 25 to 70 if they plan to keep a foot in the working world after retirement. Thirty-three percent of the respondents answered "very likely". A random sample of 75 adults from this age group was asked the same question. Using the normal approximation to the binomial distribution, what is the probability that 20, 21, 22, or 23 adults from this sample would very likely plan to keep a foot in the working world after retirement?


Definitions:

Cognition

The mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.

Efficacy Expectation

An individual's belief in their capacity to execute behaviors necessary to produce specific performance attainments.

Successful Experience

An event or occurrence that achieves a desired outcome or exceeds expectations, often leading to a sense of accomplishment or satisfaction.

Persuasive Speech

A form of speech aimed at convincing the audience to accept a particular point of view or take a specific action.

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