Use the Normal Approximation to Find the Indicated Probability $n = 96 , p = 0.42 : P ( X > 45 )$

question 47

Multiple Choice

Use the normal approximation to find the indicated probability. The sample size is n , the population proportion of successes is p , and X is the number of successes in the sample. $n = 96 , p = 0.42 : P ( X > 45 )$

• A) 0.1423
• B) 0.1611
• C) 0.1292
• D) 0.8708

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Definitions:

Investment Center

A business unit within an organization that is responsible not only for generating profits but also for managing its own investments and capital.

Rate of Return

measures the gain or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.

Profit Generated

The total amount of financial gain made by a business after all expenses have been subtracted from total sales.

Controllable Margin

The portion of profit or margin over which management has control, often excluding fixed costs.