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A survey of all medium and large-sized corporations showed that 64% of them offer retirement plans to their employees. Let P be the proportion in a random sample of 50 such corporations that offer retirement plans to their employees. Find the probabilty that the value of P will be: a. less than 0.57 b. greater than 0.71

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Answer:

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Explanation:

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User Razakhel
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6 votes

Answer:

a) 0.9292

b)0.1515

Explanation:

Explained in attachment.

A survey of all medium and large-sized corporations showed that 64% of them offer-example-1
User Ahmed Nabil
by
7.5k points

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