(All Steps) A certain company is concerned about its hiring policies. The job pool has been very large, with an equal number of equally qualified men and women.
Question: A certain company is concerned about its hiring policies. The job pool has been very large, with an equal number of equally qualified men and women. Over the last few years this company has hired 41 women out of the last 100 new employees. Assuming no discrimination based on gender, what is the probability of getting 41 or fewer women when 100 new employees are hired?
Use the normal distribution to approximate the binomial distribution AND DON'T FORGET TO INCLUDE THE CONTINUITY CORRECTION.
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