B. The CEO of a company claimed that 40% of his
employees would like to participate in a
community day. A simulation based on this
claim was created. The chart shows the results
of 100 surveys simulated 300 times. The CEO
conducted a survey of a random sample of 100
30.0
Mean .4004
37.8
Stand. Dev. .0045
20.0
124
01918
0.4005
6.400
04035
LATES
employees and 35 said that they wanted to participate. Based on the results of the simulation, and
assuming a 95% confidence level, is this a reasonable result? Explain.