Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

10) The admissions office finds that only 29% of the 300 graduates in the SRS had full time employment within one month of graduation. Assuming

10) The admissions office finds that only 29% of the 300 graduates in the SRS had full time employment within one month of graduation. Assuming the university's claim that 32% will have employment is true, find the probability that 29% or less of a sample of 300 have fulltime employment.

a) Calculate the z-score for 29% employed in a sample taken from a population with 32% employed. Use the u and o that you identified above. Round to 2 decimal places.

2 points

b) What is P(X < 0.29)? Use the standard normal table to find the probability of being less than the z-score you calculated above.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Mathematical Interest Theory

Authors: Leslie Jane, James Daniel, Federer Vaaler

3rd Edition

147046568X, 978-1470465681

More Books

Students also viewed these Mathematics questions

Question

Distinguish between two methods of allocating common costs.

Answered: 1 week ago

Question

What are the responsibilities of the position?

Answered: 1 week ago