Earn More Than Your Parents?
In 1970, 92% of American 30-year-olds earned more than their parents did at age 30 (adjusted for inflation). In 2014, only 51% of American 30-year-olds earned more than their parents did at age 30. Source: Wall Street Journal, December 8, 2016.
d. What is the probability that out of ten randomly selected 30-year-olds in 2014, at least one did not earn more than his or her parents at age 30?

