(Solved):
It was also estimated that about 65% of the managers with over 5 years of experience received bonu ...
It was also estimated that about 65% of the managers with over 5 years of experience received bonus income every year. Compute the mean of the sampling distribution of proportion (P^) with sample size 150 . Compute the standard deviation of P^ in Question 5 above. Randomly select 150 managers with over 5 years of experience. Find the probability that less than 93 of them received bonus income every year. In a similar study, it was estimated that the annual salaries of accountants in Paris in 2020 with over 5 years of experience had an average of about 41,150 EUR and a standard deviation of 1,800 EUR. Randomly select 30 accountants in this study. What is the probability that the mean of the sample in Question 3 is less than the average salary of the selected accountants?