Question 7.167

41. Small Business Jobs. According to the U.S. Small Business Administration, small businesses provide 75% of the new jobs added to the economy. Suppose we take samples of 20 new jobs.

  1. Find and for the sample proportion of new jobs added to the economy that are provided by small businesses.
  2. Calculate .
  3. Compute .

7.2.41

(a) (b) 0.7324 (TI-83/84: 0.7323) (c) 0.0959 (TI-83/84: 0.0954)