According to Fortune, as of January 2018, 5% of chief executive officers were women. Answer the following
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According to Fortune, as of January 2018, 5% of chief executive officers were women. Answer the following questions based on a random sample of 12 CEOs:
a. What is the probability that one corporate officer was female?
b. What is the probability that fewer than four corporate officers were female?
c. What is the probability that more than two corporate officers were female?
d. What are the mean and standard deviation for this distribution?
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