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It Is Known That 40% of Voters in a Certain

question 15

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It is known that 40% of voters in a certain electorate are in favour of a particular candidate. If a sample of size 30 is taken, what is the probability that less than 35% are in favour of this political candidate?


Definitions:

Labor

The investment of human strength and thought in the process of producing goods and services.

Output

The volume of goods or services produced by a human, mechanical, or industrial source.

Nash Equilibrium

A concept in game theory where no participant can gain by unilaterally changing their strategy, assuming other participants' strategies remain unchanged.

Advertising

The act of promoting products, services, or brands through various media channels to influence consumer behavior or perception.

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