Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The soft-drink cups at a certain fast-food restaurant have tickets attached to them. Customers peel off the tickets to see whether they win a

image text in transcribed

The soft-drink cups at a certain fast-food restaurant have tickets attached to them. Customers peel off the tickets to see whether they win a prize. The proportion of tickets that are winners is p = 0.30. A total of n = 85 people purchase soft drinks between noon and 1:00 PM on a certain day. Let be the proportion that win a prize. Find the mean and standard deviation of sample proportion (P.). Formula: 1. The mean of the sampling distribution of population proportion: is denoted by and equals the p = P 2. The standard deviation of the sampling distribution of p(1-p) is denoted by , is:

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

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

General Chemistry

Authors: John McMurry, Robert Fay

2nd Edition

321809262, 978-0321809261

More Books

Students also viewed these Mathematics questions