Are you a chocolate purist, or do you like other ingredients in your chocolate? American Demographics reports
Question:
a. What is the approximate sampling distribution for the sample proportion ? What are the mean and standard deviation for this distribution?
b. What is the probability that the sample percentage is greater than 80%?
c. Within what limits would you expect the sample proportion to lie about 95% of the time?
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...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Introduction To Probability And Statistics
ISBN: 9781133103752
14th Edition
Authors: William Mendenhall, Robert Beaver, Barbara Beaver
Question Posted: