00:01
The topic of global warming increasingly appears in the news.
00:04
It has the potential to impact companies ' operations through changes in governmental regulations, new reporting requirements, necessary operational changes, and so on.
00:13
A survey of senior finance professionals was taken to gauge members ' thoughts on global warming and its impacts on their companies.
00:19
The surveys found that 68 % of senior finance professionals believe that global warming is having a significant impact on the environment.
00:27
Suppose that you select a sample of 100 senior finance professionals.
00:33
Part a, what is the probability that the sample percentage indicating global warming is having a significant impact on the environment is between 62 and 73%.
00:47
So our mean is 0 .68 and our distribution, i'm sorry, not our distribution.
00:55
Our standard deviation for this distribution is 0 .0466.
01:03
So we would take the square root of 0 .68 times 0 .32 divided by 100 to get that.
01:10
Value.
01:12
So we're going to take the probability of 0 .62 minus 0 .68 divided by 0 .0466 is less than z, which is less than 0 .73, minus 0 .68 divided by 0 .0466.
01:24
That's going to put z in between negative 1 .29 and 1 .07.
01:37
So that's 0 .8577 minus 0 .0985 for a probability of 0 .7592...