Clarke Murray
03/25/2024 · Junior High School
Suppose \( 48 \% \) of the banks in Switzerland are private organizations. If a sample of 475 banks is selected, what is the probability that the sample proportion of private banks will be greater than \( 53 \% \) ? Round your answer to four decimal places.
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The probability that the sample proportion of private banks will be greater than \( 53\% \) is approximately \( 0.0143 \).
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