According to the National Health Interview Survey, 4

question 59

Multiple Choice

According to the National Health Interview Survey, 4.7% of U.S. adults 50 and older have had a total knee replacement. A random sample of 20 adults 50 and older has been selected. Use the Poisson distribution to approximate the binomial distribution to determine the probability that no adults from this sample have had a total knee replacement.

• A)0.1726
• B)0.2365
• C)0.3906
• D)0.1004

---

Definitions:

Money Income

Refers to the total amount of monetary earnings or receipts accruing to an individual or entity over a period, including wages, salaries, benefits, and income from investments.

Income Effect

The variation in a person's or an economy's earnings and its effect on the amount of a product or service that is requested.

Money Income

The total amount of monetary earnings or receipts accruing to an individual or household over a specified period of time.

Purchasing Power

The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy.