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  3. the unemployment rate in a city is 14%. if 7 peopl

The unemployment rate in a city is 14%. If 7 people from the city are...

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Basic Math

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The unemployment rate in a city is 14%. If 7 people from the city are sampled at random, find the probability that fewer than 3 of them are unemployed. Carry your intermediate computations to at least four decimal places, and round your answer to two decimal places. (If necessary, consult a list of formulas.)

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