A recent study finds that companies are setting aside a large chunk of their IT spending for
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A recent study finds that companies are setting aside a large chunk of their IT spending for green technology projects (BusinessWeek, March 5, 2009). Two out of three of the large companies surveyed by Deloitte said they have at least 5% of their IT budget earmarked for green IT projects. Suppose that the survey was based on 1,000 large companies. What is the probability that more than 75 of 120 large companies will have at least 5% of their IT expenditure earmarked for green IT projects?
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Related Book For
Essentials Of Business Statistics Communicating With Numbers
ISBN: 9780078020544
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly
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