Question

In: Statistics and Probability

Sarah Douds was rejected for employment from USA Credit Union. She then learned that USA Credit...

Sarah Douds was rejected for employment from USA Credit Union. She then learned that USA Credit Union has hired only three women among the last 21 new employees. She then learned that there were a large number of applicants with an approximately equal number of qualified men as qualified women.

Help her address the charge of gender discrimination by finding the probability of getting three or fewer women when 21 people are hired, assuming that there is no discrimination based on gender.
(Report answer accurate to 8 decimal places).
P(at most three) =

Because this is a serious claim, we will use a stricter cutoff value for unusual events. We will use 0.5% as the cutoff value (1 in 200 chance of happening by chance). With this in mind, does the resulting probability really support such a charge?

yes, this supports a charge of gender discrimination

no, this does not support a charge of gender discrimination

Solutions

Expert Solution


Related Solutions

After being rejected for employment, Kim Kelly learns that the Bellevue Credit Company has hired only...
After being rejected for employment, Kim Kelly learns that the Bellevue Credit Company has hired only two women among the last 22 new employees. She also learns that the pool of applicants is very large, with an approximately equal number of qualified men as qualified women. Help her address the charge of gender discrimination by finding the probability of getting two or fewer women when 22 people are hired, assuming that there is no discrimination based on gender. (Report answer...
Sarah is thinking about purchasing an investment from HiBond Investing. If she buys the investment, Sarah...
Sarah is thinking about purchasing an investment from HiBond Investing. If she buys the investment, Sarah will receive $100 every two months for five years. The first $100 payment will be made as soon as she purchases the investment. If Sarah's required rate of return is 16 percent per year, to the nearest dollar, how much should she be willing to pay for this investment? Select one: a. $1,359 b. $1,519 c. $2,102 d. $2,047 e. $1,413
Determining Training Needs at Summit Credit Union Summit Credit Union, located in Madison and Milwaukee, Wisconsin,...
Determining Training Needs at Summit Credit Union Summit Credit Union, located in Madison and Milwaukee, Wisconsin, is a small company with 366 employees. A merger in 2015 doubled the size of the company and made it necessary to build a new corporate culture. Summit’s mission is to improve credit members’ financial lives to help them achieve their dreams. For example, in 2013, Summit members saved over $13 million based on higher savings rates, lower loan rates, and lower fees compared...
A manager at a Credit Union claims that the average total weekend withdrawal from a cash...
A manager at a Credit Union claims that the average total weekend withdrawal from a cash machine is $7,500. Head office is concerned that this estimate is too low. A random sample of total withdrawals on 36 weekends resulted in a sample mean of $8,600 and sample standard deviation of $3,700. At a 2% level of significance, can you conclude the average withdrawal should be greater than $7,500? a) Properly state the hypotheses: b) Calculate the p-value (SHOW ALL WORK):...
What are the global employment trends for the Product Management area? Describe what you learned from...
What are the global employment trends for the Product Management area? Describe what you learned from this research and cite the source: (Author, Year, URL or library database)
The Fireside Credit Union is planning the allocation of funds for the coming year. The credit...
The Fireside Credit Union is planning the allocation of funds for the coming year. The credit union makes four types of loans to its members. In addition, the credit union invests in risk-free securities to stabilize income. The various revenue-producing investments together with annual rates of return are as follows: Type of loan/investment    Annual Rate of Return (%) Automobile loans 5 Furniture loans    15 Mortgage loans 6 Other Secured loans    12 Risk-free securities 2 Fireside will have...
Cash withdrawals from a college credit union for a random sample of 30 Fridays and 30...
Cash withdrawals from a college credit union for a random sample of 30 Fridays and 30 Mondays are shown. At α = .05, is there a difference in the mean withdrawal on Monday and Friday? The data are shown below and may be found in the data filed named First test to determine if the variances in cash withdrawals differ between Friday and Monday. Show and follow the 7 steps.   Verify your results in part (a) using Minitab. Using the...
Danielle decides she is going to open a bakery. She talks to Sarah and Staci about...
Danielle decides she is going to open a bakery. She talks to Sarah and Staci about going into business with her. They agree. They find the perfect space to rent and start their business, “Three Girls Bakery.” About a year later the three of them decide to have a meeting to discuss the business. Danielle does not agree with the direction that Sarah and Staci want the business to go in. She gets upset and starts to walk out of...
FACTS: Sarah Montieth was an employee of Garon Foods from November 2011, until she voluntarily resigned...
FACTS: Sarah Montieth was an employee of Garon Foods from November 2011, until she voluntarily resigned in February 2013. Garon sells peppers to cheese manufacturers for use in making pepper jack cheese. Garon acts as a distributor for peppers it obtains from a supplier that Garon relabels and distributes to its pepper jack cheese manufacturing customers under Garon's name. During her time at Garon, she had access to a computer program listing the names of Garon's customers, and she was...
Sarah is single. She files her tax return as Single. Her 2020 income from wages is...
Sarah is single. She files her tax return as Single. Her 2020 income from wages is $450,400. She has “net long-term capital gains” of $100,000. Total 2020 gross income is $550,400. Sarah is under 65 years of age and does not itemize her deductions. What is Sarah’s total federal income tax? A) $112,829.75        B) $128,095.50.      C) $147,922.50 D) $149,701 please show work thank you
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT