The Diversity, Equity, and Inclusion (DEI) office of a major multinational bank is investigating the process used to make recent hires for financial analysts. The office knows that exactly 12% of all applications were from minority candidates and that exactly 10% of the open positions were filled by members of a minority. A For the investigation, the DEI office will take a random sample of 1650 applications. Let p be the proportion of minority applicants in the sample. Answer the following. (If necessary, consult a list of formulas.) (a) Find the mean of p. (b) Find the standard deviation of p. (c) Compute an approximation for P<0.1), which is the probability that there will be fewer minority applicants in the sample than were hired by the bank. Round your answer to four decimal places. Español E S

The Diversity, Equity, and Inclusion (DEI) office of a major multinational bank is investigating the process used to make recent hires for financial analysts. The office knows that exactly 12% of all applications were from minority candidates and that exactly 10% of the open positions were filled by members of a minority. A For the investigation, the DEI office will take a random sample of 1650 applications. Let p be the proportion of minority applicants in the sample. Answer the following. (If necessary, consult a list of formulas.) (a) Find the mean of p. (b) Find the standard deviation of p. (c) Compute an approximation for P<0.1), which is the probability that there will be fewer minority applicants in the sample than were hired by the bank. Round your answer to four decimal places. Español E S

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter11: Data Analysis And Probability

Section11.4: Collecting Data

Problem 6E

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