STAT
In an effort to cut costs and improve profits, any US companies have been turning to outsourcing. In fact, according to Purchasing magazine, 54% of companies surveyed outsourced some part of their manufacturing process in the past two to three years. Suppose 555 of these companies are contacted.
What is the probability percentage that 338 or more companies outsourced some part of their manufacturing process in the past two or three years? Round the percent to two decimal places.
What is the probability percentage that 285 or more companies outsourced some part of their manufacturing process in the past two or three years? Round the percent to two decimal place.
What is the probability percentage that 48% or less of these companies outsourced some part of their manufacturing process in the past two or three years? Round the percent to two decimal places.
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In an effort to cut costs and improve profits, many U.S. companies have been turning to...
In an effort to cut costs and improve profits, many U.S. companies have been turning to outsourcing. In fact, according to Purchasing magazine, 54% of companies surveyed outsourced some part of their manufacturing process in the past two to three years. Suppose 575 of these companies are contacted a. What is the probability that 336 or more companies outsourced some part of their manufacturing process in the past two to three years? b. What is the probability that 286 or...
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In the past few years, outsourcing overseas has become more frequently used than ever before by...
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In an effort to cut costs and improve profits, many U.S. companies have been turning to outsourcing. In fact, according to Purchasing magazine, 54% of companies surveyed outsourced some part of their manufacturing process in the past two to three years. Suppose 575 of these companies are contacted a. What is the probability that 336 or more companies outsourced some part of their manufacturing process in the past two to three years? b. What is the probability that 286 or...
A study reports that 36% of companies in Country A have three or more female board directors. Suppose you select a random sample of 100 respondents. Complete parts (a) through (e) below. a. What is the probability that the sample wil have between 30% and 37% of companies in Country that have three or more female board directors ? The probability in (Round to four decimal places as needed) b. The probability is 90% that the sample percentage of Country...
The proportion of public accountants who have changed companies within the last three years is to be estimated within 4%. The 99% level of confidence is to be used. A study conducted several years ago revealed that the percent of public accountants changing companies within three years was 19. (Use z Distribution Table.) (Round the z-values to 2 decimal places. Round up your answers to the next whole number.) To update this study, the files of how many public accountants...
An increasing number of consumers believe they have to look out for themselves in the marketplace. According to a survey conducted by the Yankelovich Partners for USA WEEKEND magazine, 60% of all consumers have called an 800 or 900 telephone number for information about some product. Suppose a random sample of 25 consumers is contacted and interviewed about their buying habits. Appendix A Statistical Tables (Round your answers to 3 decimal places when calculating using Table A.2.) a. What is...
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