(a) Find the mean of p. (b) Find the standard deviation of p. 10 (c) Compute an approximation for P(p ≤0.1), which Р sample than were hired by the bank. Round your a
(a) Find the mean of p. (b) Find the standard deviation of p. 10 (c) Compute an approximation for P(p ≤0.1), which Р sample than were hired by the bank. Round your a
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question
The Diversity, Equity, and Inclusion (DEI) office of a major multinational bank is investigating the process used to make recent hires for financial analysts. The office knows that exactly 12% of all applications were from minority candidates and that exactly 10% of the open positions were filled by members of a minority. For the investigation, the DEI office will take a random sample of 1650 applications. Let p be the proportion of minority applicants in the sample.
Answer the following. (If necessary, consult a list of formulas.)
|
![(a) Find the mean of p
I
(b) Find the standard deviation of p.
☐
(c) Compute an approximation for P(p ≤0.1), which is t
sample than were hired by the bank. Round your answ
0](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdf648ae1-b55a-4cdf-bd82-7c291d16f41b%2F6485e6da-8d45-4df0-9b70-a13466fa3c26%2Ft8lkwwb_processed.jpeg&w=3840&q=75)
Transcribed Image Text:(a) Find the mean of p
I
(b) Find the standard deviation of p.
☐
(c) Compute an approximation for P(p ≤0.1), which is t
sample than were hired by the bank. Round your answ
0
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