A random sample of size n=100 is taken from a population of size N=3,000 with a population
Question:
A random sample of size n=100 is taken from a population of size N=3,000 with a population proportion of p=0.34.
a. Is it necessary to apply the finite population correction factor? Explain. Calculate the expected value and the standard error of the sample proportion.
b. What is the probability that the sample proportion is greater than 0.37?
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a there is no need to apply the finite ...View the full answer
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Related Book For 
Essentials Of Business Statistics Communicating With Numbers
ISBN: 9780078020544
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly
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