The campus representative for Lens.com wants to know what percentage of students at a university currently wear
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The campus representative for Lens.com wants to know what percentage of students at a university currently wear contact lens. Suppose the true proportion is 30%.
a) We randomly pick 100 students. Let p represent the proportion of students in this sample who wear contacts. What’s the appropriate model for the distribution of p? Specify the name of the distribution, the mean, and the standard deviation. Be sure to verify that the conditions are met.
b) What’s the approximate probability that more than one third of this sample wear contacts?
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For
Business Statistics
ISBN: 9780321925831
3rd Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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