A Biologist Estimates That 40% of the Deer in a Region

question 22

Multiple Choice

A biologist estimates that 40% of the deer in a region carry a certain type of tick. For a sample of 300 deer selected at random, what is the chance that 124 or fewer deer have this tick?

• A) 0.864
• B) 0.702
• C) 0.404
• D) 0.298

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Definitions:

Economists

Experts focused on exploring how goods and services are created, shared, and used, while examining trends and problems in the economy.

CPI

The Consumer Price Index reflects the average cost changes over time for a mix of consumer goods and services, including items such as food, medical care, and transportation, through a weighted average approach.

Cost of Living

The amount of money needed to cover basic expenses such as housing, food, taxes, and healthcare in a certain place and time.

Consumer Price Index

An index measuring the average change in prices paid by consumers for goods and services over time.