Assignment:
An advertisement for Citicorp Insurance Services, Inc., claims “one person in seven will be hospitalized this year.” Suppose you keep track of a random sample of 180 people over an entire year. Assuming Citicorp’s advertisement is correct, what is the probability that fewer than 10% of the people in your sample will be found to have been hospitalized (at least once) during the year? Explain.
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.