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In: Statistics and Probability

About 5​% of hourly paid workers in a region earn the prevailing minimum wage or less....

About 5​% of hourly paid workers in a region earn the prevailing minimum wage or less. A grocery chain offers discount rates to companies that have at least 30 employees who earn the prevailing minimum wage or less. Complete parts​ (a) through​ (c) below.

​(a) Company A has 287 employees. What is the probability that Company A will get the​ discount? ​(Round to four decimal places as​ needed.)

​(b) Company B has 501 employees. What is the probability that Company B will get the​ discount? ​(Round to four decimal places as​ needed.)

​(c) Company C has 1009 employees. What is the probability that Company C will get the​ discount? (Round to four decimal places as​ needed.)

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