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The Food Marketing Institute shows that 15% of households spend more than $100 per week on groceries. Assume that the population proportion is 0.15. A
The Food Marketing Institute shows that 15% of households spend more than $100 per week on groceries. Assume that the population proportion is 0.15. A random sample of 566 households is selected from the population; therefore, the standard error of the sample proportion is 0.015. What is the probability that the sample proportion will be between 0.12 and 0.165?
a. | 0.0228 | |
b. | 0.8641 | |
c. | 0.8413 | |
d. | 0.8186 |
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