A film distribution manager calculates that 4% of the films released are flops.If the manager is correct, what is the probability that the proportion of flops in a sample of 747 released films would be less than 3%? Round your answer to four decimal places.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 50E: Medicine Out of a group of 9 patients treated with a new drug, 4 suffered a relapse. Find the...
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A film distribution manager calculates that 4% of the films released are flops.If the manager is correct, what is the probability that the proportion of flops in a sample of 747 released films would be less than 3%? Round your answer to four decimal places.

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