Find approximate probability-the number of small businesses


Solve the below:

Q: You learned that 27% of all small business owned by non-Hispanic whites nationwide are women-owned firms. In a random sample of 350 small businesses owned by non-Hispanic whites, let x be the number that are owned by a woman.

a) Find the mean of x.

b) Find the standard deviation of x.

c) Find the z-score for the value x= 99.5.

d) Find the approximate probability that the number of small businesses in the sample of 350 that are owned by a woman is 100 or more.

 

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