Despite the recession, com panies are setting aside a large chunk of their IT spending for green

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Despite the recession, com panies are setting aside a large chunk of their IT spending for green technology projects (BusinessWeek, March 5 , 2009). Two out of three of the large companies surveyed by Deloitte said they have at least 5% of their IT budget earmarked for green IT projects. Suppose th at th e survey was based on 1,000 large companies. W hat is the probability th at m ore than 75 of 120 large com panies will have at least 5% of their IT expenditure earmarked for green IT projects? L056

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