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A study of the investment industry claims that 58% of all mutual funds outperformed the stock market as a whole last year. An analyst wants to test this claim and obtains a random sample of 250 mutual funds.
The analyst finds that only 123 of the funds outperformed the market during the year.
Determine the probability that another random sample would lead to a sample proportion as low as or lower than the one obtained by the analyst, assuming the proportion of all mutual funds that outperformed the market is indeed 0.58.
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a shell oil company executive says that a majority of workers more than 50 prefer a 10 hour four day work week over an
Find the probability that the j-tuple selected contains at least one 1 - Find the size of the sample space.
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