Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 05, 2024

Suppose a simple random sample of size n=1000 is obtained from a population whose size is N=2,000,000 and whose population proportion with a specified characteristic

Suppose a simple random sample of size n=1000 is obtained from a population whose size is N=2,000,000 and whose population proportion with a specified characteristic is p=0.49.

(b) What is the probability of obtaining x=530 or more individuals with thecharacteristic?

P(x530)=

(Round to four decimal places asneeded.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

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

Recommended Textbook for

International Marketing And Export Management

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

8th Edition

1292016922, 978-1292016924

Students also viewed these Mathematics questions

Question

★★★★★

Arthur Company is considering investing in an annuity contract that will return $45,000 annually at the end of each year for 15 years. What amount should Arthur Company pay for this investment if it...

Answered: 1 week ago

Question

★★★★★

Determine the sample size required for a 99% confidence interval for the mean when (a) ???? = 30 and the desired margin of error is ???????? = 4. (b) ???? = 5 and the desired margin of error is...

Answered: 1 week ago

Question

★★★★★

The Palaima City government provides postemployment health care benets to retirees. Plan members contribute between $65 and $90 per month depending on age and marital status. The government...

Answered: 1 week ago

Question

★★★★★

Your boss is poised to make a $10M investment but wants your advice. He says he is keen for the best available analysis and urges you to provide your thoughts from a payback perspective. Please...

Answered: 1 week ago

Question

★★★★★

PLEASE DO 1 and 3 Part ! ! The Regal Cycle Company manufactures three types of bicyclesa dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow:...

Answered: 1 week ago

Question

★★★★★

Apple is one of the most influential and recognizable brands in the world, responsible for the rise of the smartphone with the iPhone. Valued at over $2 trillion in 2021, it is also the most valuable...

Answered: 1 week ago

Question

★★★★★

Please help just need two-three paragraphs itll be very much appreciated and I will upvote! Identify any company or a segment of it (if its large) and perform research to determine/critique the...

Answered: 1 week ago

Question

★★★★★

Please Answer all Question question 1 and 2 An operations strategy life cycle for the current crisis While manufacturers globally continue to grapple with the economic contraction triggered by the...

Answered: 1 week ago

Question

★★★★★

Food trucks are popular and can be very profitable. Curious? Did you devise a business plan prior to starting the business? Yes or no, why do you believe having a business plan before you start a...

Answered: 1 week ago

Question

★★★★★

List out all the vertical and horizontalintegration by Ford . Which of them were organic? Which were the integrations that gave them competitive advantage?

Answered: 1 week ago

Previous Question Next Question