Job satisfaction. The Randstad Workmonitor has collected data on job satisfaction from 13,600 respondents in 34 countries.
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Job satisfaction. The Randstad Workmonitor has collected data on job satisfaction from 13,600 respondents in 34 countries. The job satisfaction ratings revealed that Indian employees are the happiest at work, with 89% saying they are satisfied. In a random sample of 130 Indian employees, let x be the number who are satisfied at work.
a. Explain why x is a binomial random variable (to a reasonable degree of approximation).
b. What is the value of p? Interpret this value
c. What is the expected value of x? Interpret this value
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Related Book For 
Statistics For Business And Economics
ISBN: 9781292413396
14th Global Edition
Authors: James McClave, P. Benson, Terry Sincich
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