A survey of 2,250 American adults reported that 59% got news both online and offline in a
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a. Suppose that you take a sample of 100 American adults. If the population proportion of American adults who get news both online and offline in a typical day is 0.59, what is the probability that fewer than half in your sample will get news both online and offline in a typical day?
b. Suppose that you take a sample of 500 American adults. If the population proportion of American adults who get news both online and offline in a typical day is 0.59, what is the probability that fewer than half in your sample will get news both online and offline in a typical day?
c. Discuss the effect of sample size on the sampling distribution of the proportion in general and the effect on the probabilities in (a) and (b). Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Statistics For Managers Using Microsoft Excel
ISBN: 772
7th Edition
Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat
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