A Harris (Feb. 2013) poll found that one-third of Americans (33%) believe finding and picking up a
Question:
A Harris (Feb. 2013) poll found that one-third of Americans (33%) believe finding and picking up a penny is good luck. Assume that the true proportion of all Americans who believe finding and picking up a penny is good luck is p = .33. In a random sample of 1,000 Americans, let represent the proportion who believe finding and picking up a penny is good luck. a. Describe the properties of the sampling distribution of . b. Find P( < .402. Interpret this result. c. Find P( > .30). Interpret this result.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
a Bythe Central Limit Theorem the sampling distribution of will be approxi...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities