The Diversity Equity and Inclusion DEI office of a major

Last updated: 4/6/2023

The Diversity Equity and Inclusion DEI office of a major multinational bank is investigating the process used to make recent hires for financial analysts The office knows that exactly 10 of all applications were from minority candidates and that exactly 9 of the open positions were filled by members of a minority For the investigation the DEI office will take a random sample of 900 applications Let p be the proportion of minority applicants in the sample Answer the following If necessary consult a list of formulas a Find the mean of p b Find the standard deviation of p 0 c Compute an approximation for P P 0 09 which is the probability that there will be fewer minority applicants in the sample than were hired by the bank Round your answer to four decimal places 0