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A survey of all medium- and large-sized corporations showed that 64% of them offer retirement plans to their employees. Let p be the proportion in
A survey of all medium- and large-sized corporations showed that
64% of them offer retirement plans to their employees. Let p
be the proportion in a random sample of 50such corporations that offer retirement plans to their employees.
Find the probability that the value of
P will be
a. between 0.54 and 0.61
b. greater than
0.71
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