In the year 2001, a policy is introduced to give loan to unemployed engineers to start their own business. Out of 1,00,000 unemployed engineers 60,000 accept the policy and got the loan. A sample of 100 unemployed engineers is taken at the time of allotment of loan. What is the probability that the sample proportion would have exceeded 50% acceptance?
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probality loan of the and interest will be 20.64percent as per Ioan amount
of rupees60000
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