Find probability fewer than five employees steal money

Reference no: EM13139847

A recent report in BusinessWeek indicated that 20 percent of all employees steal from their company each year. (Round z-score computation to 2 decimal places and your final answers to 4 decimal places.)

If a company employs 50 people, what is the probability that:

(a) fewer than 5 employees steal?

(b) more than 5 employees steal?

(d) more than 5 but fewer than 15 employees steal?

Reference no: EM13139847

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