The Excel file Call Center Data shows that in a sample of 70 individuals, 27 had prior
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The Excel file Call Center Data shows that in a sample of 70 individuals, 27 had prior call center experience. If we assume that the probability that any potential hire will also have experience with a probability of 27/ 70, what is the probability that among 10 potential hires, more than half of them will have experience? Define the parameter(s) for this distribution based on the data.
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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