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

Question

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 41% 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) through (d).

a. What is the probability that in the sample fewer than 46% say that having a flexible work schedule is either very important or extremely important to their career success?

Explanation / Answer

Here we will use binomial distribution p=0.41 and n=100

a. P(x<46)=ncx*px*(1-p)n-x we will need to do this calculation for x =1,2,3.......,45

So we will use calculator for getting the required probability

P(x<46)=0.8201.

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