The proportion of items in a population that possess a specific attribute is known to be 0.70.

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a. If a simple random sample of size n 100 is selected and the proportion of items in the sample that contain the attribute of interest is 0.65, what is the sampling error?

b. Referring to part

a, what is the probability that a sample of size 100 would have a sample proportion of 0.65 or less if the population proportion is 0.70?

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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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Question Posted: Sep 21, 2024 10:03 AM

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The proportion of items in a population that possess a specific attribute is known to be 0.70.

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Business Statistics A Decision Making Approach

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