Question

Suppose 55.2% of small businesses experience cash flow problems in their first 5 years. A consultant...

Suppose 55.2% of small businesses experience cash flow problems in their first 5 years. A consultant takes a random sample of 633 businesses that have been opened for 5 years or less. What is the probability that between 53.73% and 56.44% of the businesses have experienced cash flow problems?

Question 2 options:

1)

0.5063

2)

1.2711

3)

0.4937

4)

31.8854

5)

0.9633
0 0
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Answer #1

Gven P:o.552 n2633 nP 633 x o 55 349.u16 Can be approniuats by noma Variabie 10 (-P)633-5S2): 283-584 o 552 (1-0.55i) 0 ol976

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