A random sam ple of size n = 80 is taken from a population of size N

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A random sam ple of size n = 80 is taken from a population of size N = 600 with a population proportion p = 0.46.

a. Is it necessary to apply th e finite population correction factor? Explain. Calculate th e expected value and the standard deviation of th e sam ple proportion.

b. W hat is th e probability th a t th e sam ple m ean is less th an 0.40? L056

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Business Statistics Communicating With Numbers

ISBN: 9780071317610

1st Edition

Authors: Kelly Jaggia

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Question Posted: Jul 25, 2024 08:05 AM

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A random sam ple of size n = 80 is taken from a population of size N

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Business Statistics Communicating With Numbers

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