According to LIMRA, 77% of husband-wife families with kids under 18 years old have life insurance. A random sample of six husband-wife families was selected. What is the probability that less than two families have life insurance?

A) 0.0029
B) 0.0569
C) 0.1197
D) 0.1864

A

Business

You might also like to view...

What kind of packaging holds a number of individual units to form a wholesale unit?

A. None of these B. Primary packaging C. Secondary packaging D. Tertiary packaging

Business

A company is evaluating an investment

The company uses the straight-line method of depreciation. Use the following information to compute the accounting rate of return. Show your calculations and round to one decimal place. Project Investment $875,000 Residual value 0 Operating income: Year 1 120,000 Year 2 120,000 Year 3 120,000 Year 4 120,000 Year 5 120,000 What will be an ideal response

Business