Question
Based on historical data, your manager believes that 26% of the company's orders come from first-time customers. A random sample of 187 orders will be
Based on historical data, your manager believes that 26% of the company's orders come from first-time customers. A random sample of 187 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is less than 0.33?
Based on historical data, your manager believes that 34% of the company's orders come from first-time customers. A random sample of 91 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is greater than than 0.33?
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Numerical Analysis And Optimization NAO-III, Muscat, Oman, January 2014
Authors: Mehiddin Al Baali, Lucio Grandinetti, Anton Purnama
1st Edition
3319176897, 9783319176895
