A recent report in BusinessWeek indicated that 20 percent of all employees steal from

Chapter 0, Problem 56

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QUESTION:

A recent report in BusinessWeek indicated that 20 percent of all employees steal from their company each year. If a company employs 50 people, what is the probability that: a. Fewer than 5 employees steal? b. More than 5 employees steal? c. Exactly 5 employees steal? d. More than 5 but fewer than 15 employees steal?

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QUESTION:

A recent report in BusinessWeek indicated that 20 percent of all employees steal from their company each year. If a company employs 50 people, what is the probability that: a. Fewer than 5 employees steal? b. More than 5 employees steal? c. Exactly 5 employees steal? d. More than 5 but fewer than 15 employees steal?

ANSWER:

Step 1 of 5

Probability that employees steel from their companies is  or .

Total number of employees is .

Let  be the employees who steal.

Mean of the distribution

Standard deviation of the distribution

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