Exhibit 5-12.According to a Department of Labor report,the city of Detroit had a 20% unemployment rate in May of 2011 (Bureau of Labor Statistics,May,2011) .Eight working-age residents were chosen at random. Refer to Exhibit 5-12.What was the expected number of unemployed residents,when eight working-age residents were randomly selected?
A) 1.0
B) 1.6
C) 2.0
D) 6.4
Correct Answer:
Verified
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