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It is known that 20% of televisions produced by a given manufacturer have a minor defect. A retailer buys 100 (randomly chosen) televisions from the
It is known that 20% of televisions produced by a given manufacturer have a minor defect. A retailer buys 100 (randomly chosen) televisions from the manufacturer. Using the normal approximation to the distribution of the sample proportion, and ignoring continuity correction, the probability that 15% or more of these 100 televisions have minor defects is approximately
(Hint: In this case the variance of the sample proportion is 0.0016; i.e. the standard deviation of the sample proportionis 0.04)
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