Question
6. In 2020, of 60 randomly selected Fortune 500 companies in the United States, 2 had a CEO who was Black. a. Determine a 95%
6.In 2020, of 60 randomly selected Fortune 500 companies in the United States, 2 had a CEO who was Black.
a.Determine a 95% confidence interval for the true proportion of all Fortune 500 companies in the United States that have a Black CEO.
b.Interpret the meaning of the confidence interval.
c.Research the number of current Fortune 500 companies in the United States and the number of those that have a Black CEO. Compare your findings to the confidence interval you determine. Discuss any similarities, differences, and/or surprises.
d.What additional questions about this data would you like to investigate?
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