40% of consumers believe that cash will be obsolete in the next 20 years (based on a survey by J.P. Morgan Chase). In each of Exercises 15–20, assume that 8 consumers are randomly selected. Find the indicated probability.


Find the probability that no more than 3 of the selected consumers believe that cash will be obsolete in the next 20 years.

Binomial Probability Formula. In Exercises 13 and 14, answer the questions designed to help understand the rationale for the binomial probability formula.

Guessing Answers Standard tests, such as the SAT, ACT, or Medical College Admission Test (MCAT), typically use multiple choice questions, each with five possible answers (a, b, c, d, e), one of which is correct. Assume that you guess the answers to the first three questions.

c. Based on the preceding results, what is the probability of getting exactly one correct answer when three guesses are made?

40% of consumers believe that cash will be obsolete in the next 20 years (based on a survey by J.P. Morgan Chase). In each of Exercises 15–20, assume that 8 consumers are randomly selected. Find the indicated probability.

Find the probability that exactly 6 of the selected consumers believe that cash will be obsolete in the next 20 years.

40% of consumers believe that cash will be obsolete in the next 20 years (based on a survey by J.P. Morgan Chase). In each of Exercises 15–20, assume that 8 consumers are randomly selected. Find the indicated probability.

Find the probability that at least 6 of the selected consumers believe that cash will be obsolete in the next 20 years.

40% of consumers believe that cash will be obsolete in the next 20 years (based on a survey by J.P. Morgan Chase). In each of Exercises 15–20, assume that 8 consumers are randomly selected. Find the indicated probability.

Find the probability that fewer than 3 of the selected consumers believe that cash will be obsolete in the next 20 years.

In Exercises 25–28, find the probabilities and answer the questions.

Whitus v. Georgia In the classic legal case of Whitus v. Georgia, a jury pool of 90 people was supposed to be randomly selected from a population in which 27% were minorities. Among the 90 people selected, 7 were minorities. Find the probability of getting 7 or fewer minorities if the jury pool was randomly selected. Is the result of 7 minorities significantly low? What does the result suggest about the jury selection process?

Politics The County Clerk in Essex, New Jersey, was accused of cheating by not using randomness in assigning the order in which candidates’ names appeared on voting ballots. Among 41 different ballots, Democrats were assigned the desirable first line 40 times. Assume that Democrats and Republicans are assigned the first line using a method of random selection so that they are equally likely to get that first line.

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d. Which probability is relevant for determining whether 40 first lines for Democrats is significantly high: the probability from part (b) or part (c)? Based on the relevant probability, is the result of 40 first lines for Democrats significantly high?

Politics The County Clerk in Essex, New Jersey, was accused of cheating by not using randomness in assigning the order in which candidates’ names appeared on voting ballots. Among 41 different ballots, Democrats were assigned the desirable first line 40 times. Assume that Democrats and Republicans are assigned the first line using a method of random selection so that they are equally likely to get that first line.

e. What do the results suggest about how the clerk met the requirement of using a random method to assign the order of candidates’ names on voting ballots?

One of Mendel’s famous experiments with peas resulted in 580 offspring, and 152 of them were yellow peas. Mendel claimed that under the same conditions, 25% of offspring peas would be yellow. Assume that Mendel’s claim of 25% is true, and assume that a sample consists of 580 offspring peas.

a. Use the range rule of thumb to identify the limits separating values that are significantly low and those that are significantly high. Based on the results, is the result of 152 yellow peas either significantly low or significantly high?