About 5% of hourly paid workers in a region earn the prevailing minimum wage or less. A grocery chain offers discount rates to companies that have at least 30 employees who earn the prevailing minimum wage or less. Complete parts (a) through (c) below. (a) Company A has 287 employees. What is the probability that Company A will get the discount? (Round to four decimal places as needed.) (b) Company B has 529 employees. What is the probability that Company B will get the discount? (Round to four decimal places as needed.) (c) Company C has 1000 employees. What is the probability that Company C will get the discount? (Round to four decimal places as needed.)

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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About 5% of hourly paid workers in a region earn the prevailing minimum wage or less. A grocery chain offers discount rates to companies that have at least 30 employees who earn the prevailing minimum wage or less. Complete parts (a)
through (c) below.
(a) Company A has 287 employees. What is the probability that Company A will get the discount?
(Round to four decimal places as needed.)
(b) Company B has 529 employees. What is the probability that Company B will get the discount?
(Round to four decimal places as needed.)
(c) Company C has 1000 employees. What is the probability that Company C will get the discount?
(Round to four decimal places as needed.)
Transcribed Image Text:About 5% of hourly paid workers in a region earn the prevailing minimum wage or less. A grocery chain offers discount rates to companies that have at least 30 employees who earn the prevailing minimum wage or less. Complete parts (a) through (c) below. (a) Company A has 287 employees. What is the probability that Company A will get the discount? (Round to four decimal places as needed.) (b) Company B has 529 employees. What is the probability that Company B will get the discount? (Round to four decimal places as needed.) (c) Company C has 1000 employees. What is the probability that Company C will get the discount? (Round to four decimal places as needed.)
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