Given a population where the probability of a success is p 0.40, if a sample of

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Given a population where the probability of a success is p  0.40, if a sample of 1,000 is taken,

a. Calculate the probability the proportion of successes in the sample will be less than 0.42.

b. What is the probability the proportion of successes in the sample will be greater than 0.44?

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Business Statistics A Decision Making Approach

ISBN: 9780136121015

8th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry, Kent D. Smith

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