A simple random sample of size n = 150 is obtained from a population whose size is

Question:

A simple random sample of size n = 150 is obtained from a population whose size is N = 10,000 and whose population proportion with a specified characteristic is p = 0.6.

(a) Describe the sampling distribution of pn.

(b) What is the probability of obtaining x = 93 or more individuals with the characteristic? That is, what is P1pn Ú 0.622?

(c) What is the probability of obtaining x = 81 or fewer individuals with the characteristic? That is, what is P1pn … 0.542?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Statistics Informed Decisions Using Data

ISBN: 9781292157115

5th Global Edition

Authors: Michael Sullivan

See More Books

Question Posted: Mar 29, 2024 01:00 AM

See More Questions

A simple random sample of size n = 1000 is obtained from a population whose size is N = 1,500,000 and whose population proportion with a specified characteristic is p = 0.44. Complete parts (a)...
A simple random sample of size n = 75 is obtained from a population whose size is N = 10,000 and whose population proportion with a specied characteristic is p = 0.8. (a) Describe the sampling...
A simple random sample of size n = 200 is obtained from a population whose size is N = 25,000 and whose population proportion with a specied characteristic is p = 0.65. (a) Describe the sampling...
At the beginning of compression in a diesel cycle, T = 540 R, P = 30 lbf/in. 2 , and the state after combustion (heat addition) is 2600 R and 1000 lbf/in. 2 . Find the compression ratio, the thermal...
As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?
You are helping to set up a budgeting system in the company for which you work. Should the managers of the factory's operating departments have a role in developing their own budgets? Explain your...
Unsecured bonds backed only by the issuers general credit standing are called (a) serial bonds, (b) debentures, (c) registered bonds, or (d) convertible bonds. AppendixLO1
On December 12, 2013, Pace Electronics received $24,000 from a customer toward a cash sale of $240,000 of diodes to be completed on January 16, 2014. What journal entries should Pace record on...
Required information The following information applies to the questions displayed below ] The general ledger of Zips Storage at January 1 , 2 0 2 4 , includes the following account balances: \ table...
According to a study conducted by an organization, the proportion of Americans who were afraid to fly in 2006 was 0.10. A random sample of 1,200 Americans results in 132 indicating that they are...
n = 800, p = 0.476. Assume the size of the population is 20,000. Describe the sampling distribution of p.
The probability of a chi square value of 2.845 with 9 degrees of freedom occurring by chance alone for these data is 0.970. This means that statistically the association between students degree...
As of June 30, 2012, the bank statement showed an ending balance of $\$ 13,879.85$. The unadjusted Cash account balance was $\$ 13,483.75$. The following information is available: 1. Deposit in...
An engineering study has developed the following cost data for the production of product A: (1) If the current production level is 1,500 units, what is the incremental cost of producing an additional...
On December 1, a group of individuals formed a corporation to establish the Local, a neighborhood weekly newspaper featuring want ads of individuals and advertising of local firms. The free paper...
Design an arithmetic circuit with one selection variable S and two n-bit data inputs A and B. The circuit generates the following four arithmetic operations in conjunction with the input carry C in ....
For the system you chose for Problems and Exercises 3, complete section 4.0, A-C, Management Issues, of the BPP Report. Why might people sometimes feel that these additional steps in the project plan...
What reasons might explain the finding that the amount of money that a country spends on health care is not correlated with life expectancy?
Classify each of the following activities as proper or prohibited under the various consumer statutes you have studied. a. Calling a hospital room to talk to a debtor who is a patient there. b....
solve this plz Alba Company is considering the introduction of a new product. To determine the selle price of the product you have The direct material permit The direct labor per unit The variable...
Calculate the current ratio collection period for accounts receivable, inventory turnover, gross margin percentage, and return on equity for 2014 and 2015 for the Jordan Corporation. Do not average....
A company received $11,000 cash in exchange for 200 shares of the companys common stock. What would the effect of this transaction on the current years accounting equation? Select one: A. No effect...

A simple random sample of size n = 150 is obtained from a population whose size is

Question:

Step by Step Answer:

a The sampling distribution of pn is approximately normal when the sample size is ...View the full answer

Statistics Informed Decisions Using Data

Students also viewed these Business questions