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A report issued by the american association of building contractors indicates that 40% of all home buyers will do some remodeling to the home within...

A report issued by the american association of building contractors indicates that 40% of all home buyers will do some remodeling to the home within the first five years of home ownership. Assuming this is true, use the binomial dstribution to determine the following of a random sample of 30 homeowners. Identify a success? Identify the number of trials? Find the mean and standard deviation? If you found that exactly 12 of the home owners remodeled would you doubt the accuracy of the survey and why?

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