Question: Given the recent economic downturn, only 60% in a graduating class of 250 will find employment in the first round of a job search. You

Given the recent economic downturn, only 60% in a graduating class of 250 will find employment in the first round of a job search. You have 20 friends who have recently graduated.

a. Discuss the sampling distribution of the sample proportion of your friends who will find employment in the first round of a job search.

b. What is the probability that less than 50% of your friends will find employment in the first round of a job search?

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