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Assume that the population proportion is 0.55. Compute the standard error of the proportion, 05, for sample sizes of 100, 200, 500, and 1000 (to
Assume that the population proportion is 0.55. Compute the standard error of the proportion, 05, for sample sizes of 100, 200, 500, and 1000 (to 4 decimals). n = 100 n = 200 n = 500 n = 1000 What can you say about the size of the standard error of the proportion as the sample size is increased? - Select your answer - v The president of Doerman Distributors, Inc., believes that 30% of the firm's orders come from first-time customers. A simple random sample of 100 orders will be used to estimate the proportion of first-time customers. Use z-table. Not Al d a. ASsurmre oo e president is correct and p = 0.30. What is the sampling distribution of p for this study? - Select your answer - v b. What is the probability that the sample proportion will be between 0.20 and 0.40 (to 4 decimals)? c. What is the probability that the sample proportion will be between 0.25 and 0.35 (to 4 decimals)? The Food Marketing Institute shows that 17% of households spend more than $100 per week on groceries. Assume the population proportion is p = 0.17 and a simple random sample of 800 households will be selected from the population. Use the z-table. S,Na\\f'gafipr],','{e?g,1pling distribution of P, the sample proportion of households spending more than $100 per week on groceries. E(p) = (to 2 decimals) op = (to 4 decimals) b. What is the probability that the sample proportion will be within 0.02 of the population proportion (to 4 decimals)? c. Answer part (b) for a sample of 1600 households (to 4 decimals)
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