In a Poll Conducted by a Survey Firm, 84% of Respondents

question 74

Multiple Choice

In a poll conducted by a survey firm, 84% of respondents said that their jobs were sometimes or always stressful. Ten workers are chosen at random. What is the probability that exactly 6 of them Find their jobs stressful?

• A) 0.0018
• B) 0.0483
• C) 0.9517
• D) 0.0012

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Definitions:

Wealth

The abundance of valuable resources or material possessions, or the control of such assets.

Flood

An overflow of water that submerges land that is usually dry, often caused by heavy rain, melting snow, or failure of a dam.

Expected Utility Maximizer

An economic principle that assumes individuals choose to maximize a utility function that represents their preferences under conditions of uncertainty.

Utility Function

An expression used in economics to model satisfaction or happiness derived from consuming goods and services, measuring consumer preferences.