Stats
posted by Manda .
A large company has found that 40% of it employees own their own homes.
a.) If we randomly select a sample of 20 employees, what is the probability that the sample proportion that own their homes is over 50%?
b.) If we randomly select a sample of 40 employees, what is the probability that the sample proportion that own their homes in over 50%?
c.) If we randomly select a sample of 20 employees, what is the probability that the sample proportion that own their homes is between 30% and 50%?
Thanks!
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