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The New York Times conducted a survey to see the reaction of the employees regarding the higher incentives that is tied to the CEO's salary
The New York Times conducted a survey to see the reaction of the employees regarding the higher incentives that is tied to the CEO's salary package. A random sample of 900 employees are selected for this survey. It's been found that around 73% of the employees are in favor of the incentives. The population proportion is .73.
- Find the probability that the sample proportion is less than .76
- Find the probability that the sample proportion is within .025 of the population proportion.
- Find the probability that the population proportion is greater than the population proportion by .03 or more.
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