Determine the critical value for a 98% confidence interval when the sample size is 12 for the t ‑distribution. Enter the positiv
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Answer:
<h2>0.1</h2><h2>Step-by-step explanation:</h2>please see attached the annotated solution
Given data
p=20%= 0.2
n=15 companies
let x = 5 the number of companies that outsource to overseas consultants
The binomial probability distribution is given as
P(x=λ)=nCx*P^x*q^n-x
we also know that q=1-p
