The Diversity, Equity, and Inclusion (DEI) office of a major multinational bank is investigating the process used to make recent hires for financial analysts. Theoffice knows that exactly 16% of all applications were from minority candidates and that exactly 15% of the open positions were filled by members of aminority.For the investigation, the DEI office will take a random sample of 2100 applications. Let p be the proportion of minority applicants in the sample.Answer the following. (If necessary, consult a list of formulas.)(a) Find the mean of p.(b) Find the standard deviation of p.(c) Compute an approximation for P<0.15), which is the probability that there will be fewer minority applicants in thesample than were hired by the bank. Round your answer to four decimal places.0X

Given data P(minority application) =p=0.16 Sample size (n) = 2100 Sample proportion = p^

Answered: The Diversity, Equity, and Inclusion…

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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