A recent article in the paper claims that business ethics are at an all-time low. Reporting on a recent sample, the paper claims that 42% of all employees believe their company president possesses low ethical standards. Assume that responses were randomly and independently collected. A president of a local company that employs 1,000 people does not believe the paper's claim applies to her company. If the claim is true, how many of her company's employees believe that she possesses low ethical standards?
A) 420
B) 42
C) 580
D) 958

Question

Quizplus · Accepted Answer

If 42% of the company's 1,000 employees believe the president possesses low ethical standards, then 0.42 * 1000 = 420 employees.

A Recent Article in the Paper Claims That Business Ethics