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Solved: In Exercise, use the table, which shows the
Chapter , Problem 14E(choose chapter or problem)
QUESTION:
Find the probability that a randomly selected firm will have fewer than 20 employees.
Problem 14E
In Exercise, use the table, which shows the approximate distribution of the sizes of firms for a recent year. (Source: Adapted from U.S. Small Business Administration)
Number of employees | 1 to 4 | 5 to 9 | 10 to 19 | 20 to 99 | 100 or more |
Percent of firms | 42.9% | 15.1% | 9.6% | 10.0% | 22.4% |
Questions & Answers
QUESTION:
Problem 14E
In Exercise, use the table, which shows the approximate distribution of the sizes of firms for a recent year. (Source: Adapted from U.S. Small Business Administration)
Number of employees | 1 to 4 | 5 to 9 | 10 to 19 | 20 to 99 | 100 or more |
Percent of firms | 42.9% | 15.1% | 9.6% | 10.0% | 22.4% |
ANSWER: