A global research study found that the majority of today\'s working women would

Question

A global research study found that the majority of today's working women would prefer a better work-life balance to an increased salary. One of the most important contributors to work-life balance identified by the survey was "flexibility," with 49% of women saying that having a flexible work schedule is either very important or extremely important to their career success. Suppose you select a sample of 100 working women. Answer parts (a)

a. What is the probability that in the sample fewer than 52% say that having a flexible work schedule is either very important or extremely important to their career success?

Explanation / Answer

SE = sqrt(0.49*0.51/100) = 0.050

P(p < 0.52)
= P(z < (0.52 - 0.49)/0.05)
= P(z < 0.600)
= 0.7257

Ans: 0.7257

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