Solve the Problem. Round to Four Decimal Places

question 64

Multiple Choice

Solve the problem. Round to four decimal places.
-It a recent study of college students indicated that 30% of all college students had at least one tattoo. A small private college decided to randomly and independently sample 15 of their students
And ask if they have a tattoo. Use a binomial probability table to find the probability that exactly 5
Of the students reported that they did have at least one tattoo.

• A)0.515
• B)0.218
• C)0.722
• D)0.207

---

Definitions:

Benefits-Received Principle

A theory in taxation where taxes are apportioned according to the level of government services used by the taxpayer.

Excise Taxes

Taxes levied on specific goods, such as tobacco or alcohol, often to discourage their use or to raise revenue.

Taxation

The practice by which governments impose charges on citizens and corporate entities to fund public spending and services, playing a key role in economic policy and regulation.

Local Government

The administration of a particular town, city, county, or district with responsibility for providing services and enforcing regulations at a local level.