50. About 28% of private companies are owned by women (The Cincinnati Enquirer, January 26, 2006). Answer

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50. About 28% of private companies are owned by women (The Cincinnati Enquirer, January 26, 2006). Answer the following questions based on a sample of 240 private companies.

a. Show the sampling distribution of , the sample proportion of companies that are owned by women.

b. What is the probability the sample proportion will be within .04 of the population proportion?

c. What is the probability the sample proportion will be within .02 of the population proportion?

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Essentials Of Statistics For Business And Economics

ISBN: 9780324568608

5th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

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