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Just before a city referendum on a school budget, a local newspaper polls 500 voters in an attempt to predict whether the budget will pass.
Just before a city referendum on a school budget, a local newspaper polls 500 voters in an attempt to predict whether the budget will pass. Suppose that, unknown to everyone, the budget actually has the support of 56% of the voters. Question. What is the probability the newspaper's sample will lead the newspaper to predict defeat of the referendum, that is, what is the probability that the newspaper's sample results in a sample proportion p less than 0.50 in favor of the referendum
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