The National Federation of Independent Business (NFIB) survey contacted 130 small firms. One of the many inquiries
Question:
a. Determine the number of firms in each of these categories.
b. If the NFIB contacts 25 of these firms to gather more information, determine the probability that it will choose the following number of firms in each category: (1) 22, (2) 2, (3) 1, and (4) 0.
c. Calculate the probability that it will choose all of the firms from those businesses with fewer than 20 workers.
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Related Book For
Business Statistics A Decision Making Approach
ISBN: 9780133021844
9th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
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