A Food Marketing Institute found that 25% of households. spend more than $125 a week on groceries. Assume the population proportion is 0.25 and a simple random sample of 268 households is selected from the population. What is the probability that the sample proportion of households spending more than $125 a week is less than 0.27? There is a probability that the sample proportion of households spending more than $125 a week is less than 0.27. Round the answer to 4 decimal places.
A Food Marketing Institute found that 25% of households. spend more than $125 a week on groceries. Assume the population proportion is 0.25 and a simple random sample of 268 households is selected from the population. What is the probability that the sample proportion of households spending more than $125 a week is less than 0.27? There is a probability that the sample proportion of households spending more than $125 a week is less than 0.27. Round the answer to 4 decimal places.
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.4: Collecting Data
Problem 3E
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