10.CEOs Driving Luxury Cars. According to CareerBuilder.com, 19% of company CEOs drive luxury cars. Suppose a random sample is taken of 100 company CEOs.
Find the probability that the sample contains 20 CEOs who drive luxury cars.
What is the most likely number of CEOs who drive luxury cars?
Find the mean, variance, and standard deviation. Interpret the mean.
Suppose the sample contains 40 CEOs who drive luxury cars. Is this unusual? Explain how you determine this.