Question

Approximately 40.39% of all businesses are owned by women. If you take a sample of 115...

Approximately 40.39% of all businesses are owned by women. If you take a sample of 115 businesses in Michigan, what is the probability that greater than 42.2% of them would be owned by women?

Question 2 options:

1)

 <0.0001

2)

 0.6538

3)

 0.3462

4)

 0.5000

5)

 -7.0627
Math   Statistics-And-Probability   
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Homework Answers

Answer #1

Refer Standard normal table/Z-table to find the probability OR use excel formula "=NORM.S.DIST(0.3956, TRUE)" to find the probability.
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