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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
29.     The unemployment rate is 5.8% (Bureau of Labor Statistics, http://www.bls.gov, April 3, 2003). Suppose that 100 employable people are selected randomly.
a.     What is the expected number who are unemployed?
b.     What are the variance and standard deviation of the number who are unemployed?
c.      What is the probability that exactly six are unemployed?
d.     What is the probability that at least four are unemployed?
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