Question
The Ventura County Star article mentioned in Exercise 7.41 also reported that 25% of the residents of Huntington Park lived in poverty. Suppose a random
The Ventura County Star article mentioned in Exercise 7.41 also reported that 25% of the residents of Huntington Park lived in poverty. Suppose a random sample of 400 residents of Huntington Park is taken. We wish to determine the probability that 30% or more of our sample will be living in poverty.
a. Before doing any calculations, determine whether this probability is greater than 50% or less than 50%. Why?
b. Calculate the probability that 30% or more of the sample will be living in poverty Assume
the sample is collected in such a way that the conditions for using the CLT are met.
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