Use the Following to Answer Questions

question 6

Short Answer

Use the following to answer questions :
A study shows 18.0% of all adult males did not visit their physicians' offices last year.A sample of 623 adult males is selected.
-The probability that less than 22.5% of adult males in the sample did not visit their physicians' offices last year,rounded to four decimal places,is approximately:

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Definitions:

Common Stock

Common stock represents units of ownership interest or equity in a corporation and usually comes with voting rights to elect the board of directors.

Income Statement

A financial report that shows the company’s revenues and expenses over a specific period, resulting in net profit or loss.

August 31

A specific calendar date, often marking the end of a month or a deadline for certain financial or administrative tasks.

Net Income

The profit a company holds onto after subtracting expenses and taxes from its accumulated revenues.