53. The proportion of individuals insured by the All-Driver Automobile Insurance Company who received at least one

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53. The proportion of individuals insured by the All-Driver Automobile Insurance Company who received at least one traffic ticket during a five-year period is .15.

a. Show the sampling distribution of if a random sample of 150 insured individuals is used to estimate the proportion having received at least one ticket.

b. What is the probability that the sample proportion will be within .03 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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