Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A study about strategies for competing in the global marketplace states that 52% of the respondents agreed that companies need to make direct investments in

image text in transcribedimage text in transcribed
A study about strategies for competing in the global marketplace states that 52% of the respondents agreed that companies need to make direct investments in foreign countries. It also states that about T3096 of those responding agree that it is attractive to have a joint venture to increase global competitiveness. Suppose CEOs of 95 manufacturing companies are randomly:' contacted about global strategies. b. What is the probability that more than 58 CEOs agree with that assertion? (Round z values and o values to 2 places, e.g. 0.75. Round your final answer to 4 decimal places, e.g. 0.7589.) P(x > 58) =

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Boundary Value Problems And Partial Differential Equations

Authors: David L Powers, Powers Shelley

6th Edition

0080884415, 9780080884417

More Books

Students also viewed these Mathematics questions

Question

Outline Aquinass methodology.

Answered: 1 week ago