A sample of five Fortune 500 companies showed the following industry codes: banking, banking, finance, retail, and banking. Based on this information, which of the following statements is correct?
a. Sixty percent of the sample of five companies are banking industries.
b. Sixty percent of all Fortune 500 companies are banking industries.
c. Banking is the most common type of industry among all Fortune 500 companies.
d. If five other Fortune 500 companies were chosen, 60% of them would be banking industries.
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A sample of five Fortune 500 companies showed the following industry codes: banking, banking, financ...
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