Question
1) Population proportion = 0.75; sample size = 70 What is the sample proportion's Standard Error? Tip: Sqrt(*(1-)/n) 5 decimals. (ex. if the answer is
1) Population proportion = 0.75;
sample size = 70
What is the sample proportion's Standard Error?
Tip: Sqrt(*(1-)/n)
5 decimals. (ex. if the answer is 7.8946%, write as 0.07895
2) The same question: Population proportion = 0.75; sample size = 70
What is the Z-value if less than 70% rate the food as excellent?
Tip: Pbar = 0.70Z = (Pbar -)/Standard Error
3 decimals.
3) Finally: same questions: Population proportion = 0.75; sample size = 70
What is the probability that less than 70% rate the food as excellent?
Tip: P(Pbar < 0.70) = P(Z 4 decimals. 4) Now, the company increased the sample size to 300 customer survey, Same questions: Population proportion = 0.75; sample size =300 What is the probability that less than 70% rate the food as excellent? Tip: P(Pbar < 0.70) = P(Z 4 decimals.
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