about 5% of hourly paid workers in a reg east 30 employees who earn the prevailin (a) Company A has 295 employees. Wha (Round to four decimal places as nee (b) Company B has 547 employees. Wha (Round to four decimal places as ne (c) Company C has 1012 employees. W (Round to four decimal places as ne

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter12: Probability
Section12.CR: Chapter 12 Review
Problem 15CR
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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 295 employees. What is the probability that Company A will get the discount?
(Round to four decimal places as needed.)
(b) Company B has 547 employees. What is the probability that Company B will get the discount?
(Round to four decimal places as needed.)
(c) Company C has 1012 employees. What is the probability that Company C will get the discount?
(Round to four decimal places as needed.)
Transcribed Image Text: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 295 employees. What is the probability that Company A will get the discount? (Round to four decimal places as needed.) (b) Company B has 547 employees. What is the probability that Company B will get the discount? (Round to four decimal places as needed.) (c) Company C has 1012 employees. What is the probability that Company C will get the discount? (Round to four decimal places as needed.)
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