Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Tutorial Exercise You may need to use the appropriate appendix table or technology to answer this question The Food Marketing Institute shows that 17 of

image text in transcribed
image text in transcribed

Tutorial Exercise You may need to use the appropriate appendix table or technology to answer this question The Food Marketing Institute shows that 17 of households spend more than 100 per week on groceries Assume the population proportion is p 0 17 and a sample of 900 households will be selected from the population a Show the sampling distribution of p the sample proportion of households spending more than 100 per week on groceries b What is the probability that the sample proportion will be within 0 02 of the population proportion c Answer part b for a sample of 1 800 households Step 1 a Show the sampling distribution of p the sample proportion of households spending more than 100 per week on groceries Recall that a sampling distribution of p is a discrete probability distribution but can be approximated by a normal distribution when np 5 and n 1 p 5 where n is the sample size and p is the population proportion Here it is given that p 0 17 There is a sample of 900 households so n np n 1 p 0 17 nd n 1 1 0 17 0 5 the normal approximation Select be used Find the values of np and n 1 p

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Leading Strategic Change In An Era Of Healthcare Transformation

Authors: Jim Austin ,Judith Bentkover ,Laurence Chait

1st Edition

3319808826, 978-3319808826

Students also viewed these Mathematics questions