The marketing team of a major car rental company has found that 68% of its customers rent

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The marketing team of a major car rental company has found that 68% of its customers rent a car for three days. A random sample of 500 customers is taken. What is the probability that the proportion renting a car for less than three days is:

(a) 65% or less

(b) 75% or more

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Related Book For answer-question

Business Analytics And Statistics

ISBN: 9780730363330

1st Edition

Authors: Ken Black, John Asafu Adjaye, Paul Burke, Nelson Perera, Carl Sherwood, Saleh A. Wasimi

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Question Posted: Feb 21, 2020 05:05 AM

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The marketing team of a major car rental company has found that 68% of its customers rent

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p 68 n 500 a From Table A5 the area for z 144 is 4251 Probp 65 5000 4251 0749 b From Table A5 the a...View the full answer

Business Analytics And Statistics

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