368.910A minority representation group accuses a major bank of racial discrimination in its recent hires for financial analysts. Exactly 12% of all applications werefrom minority members, and exactly 10% of the 1650 open positions were filled by members of the minority.Answer the following. (If necessary, consult a list of formulas.)(a) Find the mean of p, where p is the proportion of minority member applications in a random sample of 1650 that isdrawn from all applications.(b) Find the standard deviation of p.which is the probability that there will be 10% or fewer minority(c) Compute an approximation for P(p < 0.1),member applications in a random sample of 1650 drawn from all applications. Round your answer to four decimalplaces.

Given that p=0.12 Q=(1-p)=1-0.12=0.88

Answered: A minority representation group accuses…

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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