There are 500 employees in a firm, 45% are female. A sample of 60 employees is selected randomly
a. Determine the standard error of the proportion.
b. What is the probability that the sample proportion (proportion of females) is between 0.40 and 0.55?
a. 0.0603
b. 0.7482
You might also like to view...
In preparing the financial statements at the end of the year, the balance in the interest receivable account will be reported on the balance sheet as a current asset
a. True b. False Indicate whether the statement is true or false
Describe the challenges faced by work unit/team incentives.
What will be an ideal response?
Exploratory research is suitable for generating all of the following EXCEPT:
A) alternative courses of action. B) cause-and-effect relationships. C) research questions. D) hypotheses. E) C and D
When a firm analyzes the marketing environment, it is least likely to look at which of the following?
A) the firm's current strengths B) the firm's current weaknesses C) the actions of competitors D) the state of the economy E) the cost of developing a new product