Mathematics, 13.04.2020 05:43 cdraytonn

Suppose that 85% of all business managers are willing to switch companies if offered a salary increase of 20%. If a headhunter randomly contacts a simple random sample of 51 managers, what is the probability that the proportion willing to switch companies if offered a higher salary is between 0.9115 and 0.946? (Choose the best/closest answer to account for minor rounding)

Hint: For maximum accuracy, you should use technology rather than the Normal Tables to compute this probability.

.8633
.0345
.6900
.0819
.0742

Answers: 3

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Suppose that 85% of all business managers are willing to switch companies if offered a salary increa...