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Statistical Techniques in Business and Economics | 15th Edition | ISBN: 9780073401805 | Authors: Douglas Lind, William Marchal, Samuel Wathen
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A recent survey by the American Accounting Association revealed 23 percent of students

Chapter 0, Problem 17

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QUESTION:

A recent survey by the American Accounting Association revealed 23 percent of students graduating with a major in accounting select public accounting. Suppose we select a sample of 15 recent graduates. a. What is the probability two select public accounting? b. What is the probability five select public accounting? c. How many graduates would you expect to select public accounting?

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QUESTION:

A recent survey by the American Accounting Association revealed 23 percent of students graduating with a major in accounting select public accounting. Suppose we select a sample of 15 recent graduates. a. What is the probability two select public accounting? b. What is the probability five select public accounting? c. How many graduates would you expect to select public accounting?

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Number of graduates,

Probability of selecting public accounting is,  or

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