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The president of Doerman Distributors, Inc., believes that 31% of the firm's orders come from first-time customers. A simple random sample of 100 orders will
The president of Doerman Distributors, Inc., believes that 31% of the firm's orders come from first-time customers. A simple random sample of 100 orders will be used to estimate the proportion of first-time customers. Use z-table.
a. What is the probability that the sample proportion will be between 0.22 and 0.40 (to 4 decimals)?
b. What is the probability that the sample proportion will be between 0.27 and 0.35 (to 4 decimals)?
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