Question: What is the probability that a candidate will be forecast as the winner when the population percentage of her vote is 50.1?%? ( Answer
Question: What is the probability that a candidate will be forecast as the winner when the population percentage of her vote is 50.1?%? ( Answer rounded to 4 decimals)
Given Context: A political pollster is conducting an analysis of sample results in order to make predictions on election night. Assuming a?two-candidate election, if a specific candidate receives at least 54?% of the vote in the?sample, that candidate will be forecast as the winner of the election. You select a random sample of 100 voters.
I'd appreciate an explanation with Excel Functions/Formulas if possible, Thanks!
?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started