To find a number 10 times smaller than 62 simply move the decimal point one place to the left.
The decimal point in 62 is at the end of the number. 62. becomes 6.2 if we move the decimal one place back.
Answer: 0.0885
Step-by-step explanation:
Given : According to a recent Catalyst Census, 16% of executive officers were women with companies that have company headquarters in the Midwest.
i.e. p= 0.16
Sample size : n= 154
Now, the probability that more than 20% of this sample is comprised of female employees is given by :-
[∵ ]
[Using the standard z-value table]
Hence, the required probability = 0.0885
APR is different than other compounding periods because you would need to find some equivelancy to compare things at.