In an effort to cut costs and improve profits, many US companies have been turning to outsourcing. In fact, according to _Purchasing_ magazine, 54% of companies surveyed outsourced some part of their manufacturing process in the past two to three years. Suppose 555 of these companies are contacted. a. What is the probability percentage that 338 or more companies outsourced some part of their manufacturing process in the past two or three years? Round the percent to two decimal places. [Input box for answer] b. What is the probability percentage that 285 or more companies outsourced some part of their manufacturing process in the past two or three years? Round the percent to two decimal places. [Input box for answer] c. What is the probability percentage that 48% or less of these companies outsourced some part of their manufacturing process in the past two or three years? Round the percent to two decimal places. [Input box for answer] [Submit Question button]
In an effort to cut costs and improve profits, many US companies have been turning to outsourcing. In fact, according to _Purchasing_ magazine, 54% of companies surveyed outsourced some part of their manufacturing process in the past two to three years. Suppose 555 of these companies are contacted. a. What is the probability percentage that 338 or more companies outsourced some part of their manufacturing process in the past two or three years? Round the percent to two decimal places. [Input box for answer] b. What is the probability percentage that 285 or more companies outsourced some part of their manufacturing process in the past two or three years? Round the percent to two decimal places. [Input box for answer] c. What is the probability percentage that 48% or less of these companies outsourced some part of their manufacturing process in the past two or three years? Round the percent to two decimal places. [Input box for answer] [Submit Question button]
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![In an effort to cut costs and improve profits, many US companies have been turning to outsourcing. In fact, according to _Purchasing_ magazine, 54% of companies surveyed outsourced some part of their manufacturing process in the past two to three years. Suppose 555 of these companies are contacted.
a. What is the probability percentage that 338 or more companies outsourced some part of their manufacturing process in the past two or three years? Round the percent to two decimal places.
[Input box for answer]
b. What is the probability percentage that 285 or more companies outsourced some part of their manufacturing process in the past two or three years? Round the percent to two decimal places.
[Input box for answer]
c. What is the probability percentage that 48% or less of these companies outsourced some part of their manufacturing process in the past two or three years? Round the percent to two decimal places.
[Input box for answer]
[Submit Question button]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9bb7381f-30e4-4d38-8318-2a21c4b10543%2F0b161b04-1082-4eb8-bea6-b5c595f5c8b3%2F9cd9a4f.jpeg&w=3840&q=75)
Transcribed Image Text:In an effort to cut costs and improve profits, many US companies have been turning to outsourcing. In fact, according to _Purchasing_ magazine, 54% of companies surveyed outsourced some part of their manufacturing process in the past two to three years. Suppose 555 of these companies are contacted.
a. What is the probability percentage that 338 or more companies outsourced some part of their manufacturing process in the past two or three years? Round the percent to two decimal places.
[Input box for answer]
b. What is the probability percentage that 285 or more companies outsourced some part of their manufacturing process in the past two or three years? Round the percent to two decimal places.
[Input box for answer]
c. What is the probability percentage that 48% or less of these companies outsourced some part of their manufacturing process in the past two or three years? Round the percent to two decimal places.
[Input box for answer]
[Submit Question button]
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