Suppose that in the population twenty out of twenty-five Armenian companies are expecting bad economic times for the year of 2021. If you do a sample of 25 Armenian companies, what is the probability that the proportion of companies that expect bad economic times will be more than 0.79 (round to 3 decimal places)?
Suppose that in the population twenty out of twenty-five Armenian companies are expecting bad economic times for the year of 2021. If you do a sample of 25 Armenian companies, what is the probability that the proportion of companies that expect bad economic times will be more than 0.79 (round to 3 decimal places)?
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section: Chapter Questions
Problem 14T: An unbalanced coin is weighted so that the probability of heads is 0.55. The coin is tossed ten...
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Suppose that in the population twenty out of twenty-five Armenian companies are expecting bad economic times for the year of 2021. If you do a sample of 25 Armenian companies, what is the probability that the proportion of companies that expect bad economic times will be more than 0.79 (round to 3 decimal places)?
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