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In a recent year, the Better Business Bureau settled 75% of complaints they received. (Source: USA Today, March 2, 2009) You have been hired by
In a recent year, the Better Business Bureau settled 75% of complaints they received. (Source: USA Today, March 2, 2009) You have been hired by the Bureau to investigate complaints this year involving computer stores. You plan to select a random sample of complaints to estimate the proportion of complaints the Bureau is able to settle. Assume the population proportion of complaints settled for the computer stores is the 0.75, as mentioned above. Suppose your sample size is 114. What is the probability that the sample proportion will be within 7 percent of the population proportion? Note: You should carefully round any z-values you calculate to 4 decimal places to match wamap's approach and calculations.
M07 Homework - The Central Limit Theorem Save progress Score: 4/10 5/10 answered X Question 5 Score on last try: 0 of 1 pts. See Details for more. > Next question Get a similar question You can retry this question below In a recent year, the Better Business Bureau settled 75% of complaints they received. (Source: USA Today, March 2, 2009) You have been hired by the Bureau to investigate complaints this year involving computer stores. You plan to select a random sample of complaints to estimate the proportion of complaints the Bureau is able to settle. Assume the population proportion of complaints settled for the computer stores is the 0.75, as mentioned above. Suppose your sample size is 114. What is the probability that the sample proportion will be within 7 percent of the population proportion? Note: You should carefully round any z-values you calculate to 4 decimal places to match wamap's approach and calculations. Answer = 0.8046 X (Enter your answer as a number accurate to 4 decimal places.) SubmitStep by Step Solution
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