Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Based on historical data, your manager believes that 35% of the company's orders come from first-time customers. A random sample of 179 orders will be

  • Based on historical data, your manager believes that 35% of the company's orders come from first-time customers. A random sample of 179 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is less than 0.32? Note: You should carefully round any z-values you calculate to 4 decimal places to match wamap's approach and calculations.
  • Based on historical data, your manager believes that 30% of the company's orders come from first-time customers. A random sample of 62 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is greater than than 0.19? Note: You should carefully round any z-values you calculate to 4 decimal places to match wamap's approach and calculations.
  • Based on historical data, your manager believes that 32% of the company's orders come from first-time customers. A random sample of 244 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is between 0.27 and 0.48? Note: You should carefully round any z-values you calculate to 4 decimal places to match wamap's approach and calculations.
  • If n=160 and pp^ (p-hat) =0.59, find the margin of error at a 99% confidence level Give your answer to three decimals
  • In a recent poll, 320 people were asked if they liked dogs, and 75% said they did. Find the margin of error of this poll, at the 95% confidence level. Give your answer to three decimals
  • If n = 300 and pp^ (p-hat) = 0.7, construct a 90% confidence interval.

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

Theory And Applications Of Partial Functional Differential Equations

Authors: Abrar A Khan

1st Edition

9353141915, 9789353141912

More Books

Students also viewed these Mathematics questions

Question

Use the concept that y = c, - Answered: 1 week ago

Answered: 1 week ago