A survey of all medium- and large-sized corporations showed that their employees. Let p be the proportion in a random sample of 80 such corporations that offer retirement plans to their employees. Find the probability that the value of p will be between 0.58 and 0.63. Round your answer to four decimal places. P(0.58 < p < 0.63)

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 50E: Flexible Work Hours In a recent survey, people were asked whether they would prefer to work flexible...
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A survey of all medium- and large-sized corporations showed that 65% of them offer retirement plans to
their employees. Let p be the proportion in a random sample of 80 such corporations that offer retirement
plans to their employees. Find the probability that the value of
will be between 0.58 and 0.63.
Round your answer to four decimal places.
P(0.58 < p < 0.63)
Transcribed Image Text:Current Attempt in Progress A survey of all medium- and large-sized corporations showed that 65% of them offer retirement plans to their employees. Let p be the proportion in a random sample of 80 such corporations that offer retirement plans to their employees. Find the probability that the value of will be between 0.58 and 0.63. Round your answer to four decimal places. P(0.58 < p < 0.63)
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