Binomial distribution given parameters:
n=5, p=0.8
Pr(X=1) =

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The average hourly earnings for a construction worker is projected to be $24.50 in 2012. jason wants to join the construction work force after he graduates in 2012. his friend tells him that average hourly earnings for construction workers will rise by 2% from 2009 to 2012. based on the data below, assuming that the projected hourly earnings are correct, is jason’s friend’s statement accurate? construction industry - average hourly earnings, 2000-2009 a. his friend’s statement is accurate. the average hourly earnings will increase by 2%. b. his friend’s statement is not accurate. the percent increase will be more than 2% c. his friend’s statement is not accurate. the percent increase will be less than 2% d. his friend’s statement is not accurate. the average hourly earnings will decrease

Hillel is juggling flaming torches to raise money for charity. his initial appearance raises $500\$500 $500 , and he raises $15\$15 $15 for each minute of juggling performance. the amount rr r of money hillel raises is a function of tt t , the length of his performance in minutes. write the function's formula.