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According to National Association of Women Business Owners, women-owned firms accounted for 39% of all privately held firms (2017). 10% of women-owned businesses will employ
According to National Association of Women Business Owners, women-owned firms accounted for 39% of all privately held firms (2017). 10% of women-owned businesses will employ more than 15 employees within the first 5 years, while for the male-owned businesses that number is slightly higher at 18%.
1)What is the probability that a randomly selected business owner believes his/her business will grow to employ at least 15 people in 5 years?
A.0.1268
B.0.1246
C.0.1488
D.0.2800
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