7.16 What do millennials around the world want in a job? A Deloitte survey of millennials on work-life challenges found that millennials are looking for stability in an uncertain world, with 65% of millennials preferring a permanent, full-time job rather than working freelance or as a consultant on a flexible or short-term basis. Source: Data extracted from "Freelance flexibility with full-time stability," bit.ly/2pr6h9r. Suppose you select a sample of 100 millennials. a. What is the probability that in the sample fewer than 70% prefer a permanent, full-time job? b. What is the probability that in the sample between 60% and 70% prefer a permanent, full-time job? c. What is the probability that in the sample more than 70% prefer a permanent, full-time job? d. If a sample of 400 is taken, how does this change your answers to (a) through (c)?
What do millennials around the world want in a job ? A Deloitte survey of millennials on work - life challenges found that millennials are looking for stability in an uncertain world , with 65 % of millennials preferring a permanent , full - time job rather than working freelance or as a consultant on a flexible or short - term basis . Source : Data extracted from " Freelance flexibility with full - time stability . " bit.ly/2pr6h9r . * Suppose you select a sample of 100 millennials . a . What is the probability that in the sample fewer than 70 % prefer a permanent , full - time job ? b . What is the probability that in the sample between 60 % and 70 % prefer a permanent , full - time job ? c . What is the probability that in the sample more than 70 % prefer a permanent , full - time job ? d . If a sample of 400 is taken , how does this change your answers to ( a ) through ( c ) ?
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