In: Math
Just Part B please
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 45% 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 51% say that having a flexible work schedule is either very important or extremely important to their career success? 0.8869 (Round to four decimal places as needed.)
b. What is the probability that in the sample between 41% and 51% say that having a flexible work schedule is either very important or extremely important to their career success? nothing (Round to four decimal places as needed.)
Probability of women saying having a flexible work schedule is either very important or extremely important to their career success, P = 45% = 0.45
sample size, n = 100
the variance of women said having a flexible work schedule is either very important or extremely important to their career success = p*(1-p)/n
variance = 0.45*(1-0.45)/100
variance = 0.45*0.55/100
variance = 0.2475/100
variance = 0.002475
standard deviation = sqrt(variance)
standard deviation = sqrt(0.002475)
standard deviation = 0.0497
We need to find probability of women say having a flexible work schedule is either very important or extremely important to their career success between 41% and 51%
P[ 0.41 < p < 0.51 ] = P[ ( 0.41 - P )/sd < ( p - P )/sd < ( 0.51 - P )/sd ]
P[ 0.41 < p < 0.51 ] = P[ ( 0.41 - 0.45 )/0.0497 < ( p - 0.45 )/0.0497 < ( 0.51 - 0.45 )/0.0497 ]
P[ 0.41 < p < 0.51 ] = P[ -0.80 < Z < 1.21 ]
P[ 0.41 < p < 0.51 ] = P[ Z < 1.21 ] - P[ Z < -0.8 ]
P[ 0.41 < p < 0.51 ] = 0.8869 - 0.2119
P[ 0.41 < p < 0.51 ] = 0.675