Suppose 30% of the U

question 18

Multiple Choice

Suppose 30% of the U.S.population has green eyes.If a random sample of size 1200 U.S.citizens is drawn, then the probability that less than 348 of those U.S.citizens have green eyes is closest to _______.

• A)0.2236
• B)0.2764
• C)0.2900
• D)0.7764
• E)0.3336

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Definitions:

Licensing Agreement

A contract where the licensor allows the licensee to use the licensor's property under certain conditions.

South-East Asia

A geographical region of Asia that includes countries such as Thailand, Indonesia, Malaysia, Singapore, the Philippines, and Vietnam.

Exportability

The capacity or feature of a product or service that allows it to be exported or sold in foreign markets.

Licensing Agreement

A legally binding contract in which a property owner permits another party to use the property under specified conditions, often for intellectual property.