It is known that 25% of workers in a factory own a personal computer. Find the probability

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It is known that 25% of workers in a factory own a personal computer. Find the probability that at least 26% of a random sample of 80 workers will own a personal computer. In this example, we have the population proportion π = 0.25 and sample size n = 80. The problem requires the calculation of P(ρ ≥ 0.26).

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Business Statistics Using Excel

ISBN: 9780199659517

2nd Edition

Authors: Glyn Davis, Branko Pecar

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