Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The proportion of households in a region that do some or all of their banking on the Internet is 0.25. In a random sample of
The proportion of households in a region that do some or all of their banking on the Internet is 0.25. In a random sample of 1000 households from this region, let x be the number that do some or all of their banking on the Internet. a. Find the mean of x. b. Find the standard deviation of x. c. Find the z-score for the value xequals=103.5 d. Find the approximate probability that the number of households that use the Internet for banking in a sample of 1000 is less than or equal to 103
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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