Based on historical data, your manager believes that 28% of the company's orders come trom first- time customers. A random sample of 86 orders will be used to estimate the proportion of first-time- customers. Show your answer to 4 decimal places if necessary. a. What is the distribution of p? p - N( b. What is the probability that the sample proportion is less than 0.24? c. What is the probability that the sample proportion is between 0.28 and 0.31?

Based on historical data, your manager believes that 28% of the company's orders come trom first- time customers. A random sample of 86 orders will be used to estimate the proportion of first-time- customers. Show your answer to 4 decimal places if necessary. a. What is the distribution of p? p - N( b. What is the probability that the sample proportion is less than 0.24? c. What is the probability that the sample proportion is between 0.28 and 0.31?

Name: Strictly homework not quiz Based on historical data, your manager beli
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Description: Strictly homework not quiz Based on historical data, your manager believes that 28% of the company's orders come from first-time customers. A random sample of 86 orders will be used to estimate the proportion of first-time-customers. Show your answer

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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