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Question 4 Business Weekly conducted a survey of recent graduates from the top MBA programs. On the basis of the survey, assume that 50% of the recent graduates annual salary exceeds $75000. Suppose you take a simple random sample of 62 recent graduates. Note: round all z scores to 2 decimal places and all other numbers to 4 decimal places. Find the probability that less than 60% of the 62 recent graduates have an annual salary exceeding $75000. Beyond representative sampling, what assumptions are needed to satisfy the requirements for this problem? OX - binomial and both np and nq at least 5 ~ normal andn> 30 OX ~ normal or n > 30 OX - binomial and at least 5 successes and failures Submit Question

Question 4 Business Weekly conducted a survey of recent graduates from the top MBA programs. On the basis of the survey, assume that 50% of the recent graduates annual salary exceeds $75000. Suppose you take a simple random sample of 62 recent graduates. Note: round all z scores to 2 decimal places and all other numbers to 4 decimal places. Find the probability that less than 60% of the 62 recent graduates have an annual salary exceeding $75000. Beyond representative sampling, what assumptions are needed to satisfy the requirements for this problem? OX - binomial and both np and nq at least 5 ~ normal andn> 30 OX ~ normal or n > 30 OX - binomial and at least 5 successes and failures Submit Question

MATLAB: An Introduction with Applications
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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く > Question 4 Business Weekly conducted a survey of recent graduates from the top MBA programs. On the basis of the survey, assume that 50% of the recent graduates annual salary exceeds $75000. Suppose you take a simple random sample of 62 recent graduates. Note: round all z scores to 2 decimal places and all other numbers to 4 decimal places. Find the probability that less than 60% of the 62 recent graduates have an annual salary exceeding $75000. Beyond representative sampling, what assumptions are needed to satisfy the requirements for this problem? OX - binomial and both np and nq at least 5 OX ~ normal and n > 30 OX - normal or n > 30 OX - binomial and at least 5 successes and failures Submit Question MacBook Air 80 888 DD F2 F3 F5 F6 F7 F8 F9 @ 2$ へ 2 3 4 7 8. W E R Y U D F G この
Transcribed Image Text:く > Question 4 Business Weekly conducted a survey of recent graduates from the top MBA programs. On the basis of the survey, assume that 50% of the recent graduates annual salary exceeds $75000. Suppose you take a simple random sample of 62 recent graduates. Note: round all z scores to 2 decimal places and all other numbers to 4 decimal places. Find the probability that less than 60% of the 62 recent graduates have an annual salary exceeding $75000. Beyond representative sampling, what assumptions are needed to satisfy the requirements for this problem? OX - binomial and both np and nq at least 5 OX ~ normal and n > 30 OX - normal or n > 30 OX - binomial and at least 5 successes and failures Submit Question MacBook Air 80 888 DD F2 F3 F5 F6 F7 F8 F9 @ 2$ へ 2 3 4 7 8. W E R Y U D F G この
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