Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The proportion of university graduates who find employment within six months of graduation is 85%. You have a random sample of n = 500 individuals.
The proportion of university graduates who find employment within six months of graduation
is 85%. You have a random sample of n = 500 individuals.
(a) What are the mean and standard deviation of p, the sample proportion who find
employment?
(b) Is the distribution of p approximately normal? Justify your answer.
(c) What is the probability that the sample proportion lies between 83% and 88%?
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