Suppose you run an accounting firm and you're concerned about gender discrimination in the hiring process. The hiring process at your firm consists of two stages: review of resumes and then an in-person interview. Imagine that for a particular position your firm gets 120 resumes, 40 of which are from women. Your company will select 20 resumes for the in-person interview. If very few women are selected for the interview stage, it might be due to random chance or it might be due to sexism. (Assume every applicant, regardless of gender, is equally qualified.) To inform you on which it is, you need to know the likelihood that it's due to random chance. Using the appropriate distribution function in Excel, determine the chance of zero women making it to the in-person stage. Express your answer as a decimal to four places. Include a zero before the decimal point.

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter12: Probability
Section12.2: Introduction To Probability
Problem 52E
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Suppose you run an accounting firm and you're concerned about gender discrimination in the hiring process. The hiring process
at your firm consists of two stages: review of resumes and then an in-person interview.
Imagine that for a particular position your firm gets 120 resumes, 40 of which are from women. Your company will select 20
resumes for the in-person interview. If very few women are selected for the interview stage, it might be due to random chance or
it might be due to sexism. (Assume every applicant, regardless of gender, is equally qualified.) To inform you on which it is, you
need to know the likelihood that it's due to random chance.
Using the appropriate distribution function in Excel, determine the chance of zero women making it to the in-person
stage. Express your answer as a decimal to four places. Include a zero before the decimal point.
Transcribed Image Text:Suppose you run an accounting firm and you're concerned about gender discrimination in the hiring process. The hiring process at your firm consists of two stages: review of resumes and then an in-person interview. Imagine that for a particular position your firm gets 120 resumes, 40 of which are from women. Your company will select 20 resumes for the in-person interview. If very few women are selected for the interview stage, it might be due to random chance or it might be due to sexism. (Assume every applicant, regardless of gender, is equally qualified.) To inform you on which it is, you need to know the likelihood that it's due to random chance. Using the appropriate distribution function in Excel, determine the chance of zero women making it to the in-person stage. Express your answer as a decimal to four places. Include a zero before the decimal point.
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