Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(b) What is the probability that the sample proportion will be within 10.02 of the population proportion? The population proportion for households that spend more

image text in transcribed
(b) What is the probability that the sample proportion will be within 10.02 of the population proportion? The population proportion for households that spend more than $100 per week on groceries was given to be 0.17. Let 5 represent the sample proportion for a group of 700 households. To be within 0.02 of the population proportion of 0.17 gives a range of hourly wages between 0.17 0.02 = 0.15 v and 0.17 + 0.02 = 0.19 q . Therefore, the desired probability that a sample proportion of 700 households is within 0.02 of the population proportion is P( -0.41 x s ,5 s 0.41 x ). Submit Skip (you cannot come back)

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_2

Step: 3

blur-text-image_3

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

Precalculus Enhanced With Graphing Utilities (Subscription)

Authors: Michael, Michael Sullivan III, Michael III Sullivan, III Sullivan

6th Edition

0321849108, 9780321849106

More Books

Students also viewed these Mathematics questions

Question

Explain the nature of human resource management.

Answered: 1 week ago

Question

Write a note on Quality circles.

Answered: 1 week ago

Question

Describe how to measure the quality of work life.

Answered: 1 week ago