A survey of all medium- and large-sized corporations showed that 69% of them offer retirement plans to their employees. Let p^be the proportion in a random sample of 30 such corporations that offer retirement plans to their employees. Find the probability that the value of p^ will be greater than 0.83?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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A survey of all medium- and large-sized corporations showed that 69% of them offer retirement plans to their employees. Let p^be the proportion in a random sample of 30 such corporations that offer retirement plans to their employees. Find the probability that the value of p^ will be greater than 0.83?

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