A survey is conducted from a population of people of whom 40% have a college degree. The
Question:
A survey is conducted from a population of people of whom 40% have a college degree. The following sample data were recorded for a question asked of each person sampled, “Do you have a college degree?”
YES NO NO YES YES YES YES YES YES YES YES NO NO NO YES NO YES YES NO NO NO YES YES YES NO YES NO YES NO NO YES NO NO NO YES YES NO NO NO NO NO NO YES NO NO NO YES NO YES YES NO NO NO YES NO NO NO NO YES YES
a. Calculate the sample proportion of respondents who have a college degree.
b. What is the probability of getting a sample proportion as extreme as or more extreme than the one observed in part a if the population has 40% with college degrees?
Step by Step Answer:
Business Statistics
ISBN: 9781292220383
10th Global Edition
Authors: David Groebner, Patrick Shannon, Phillip Fry