The Food Marketing Institute shows that 17% of households spend more than $100 per week on groceries. Assume the population proportion is p = 0.17 and a simple random sample of 800 households will be selected from the population. a. Show the sampling distribution of (P bar)? b. What is the probability that the sample proportion will be within ±0.02 of the population proportion?
The Food Marketing Institute shows that 17% of households spend more than $100 per week on groceries. Assume the population proportion is p = 0.17 and a simple random sample of 800 households will be selected from the population. a. Show the sampling distribution of (P bar)? b. What is the probability that the sample proportion will be within ±0.02 of the population proportion?
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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The Food Marketing Institute shows that 17% of households spend more than $100 per week on groceries. Assume the population proportion is p = 0.17 and a simple random sample of 800 households will be selected from the population.
a. Show the sampling distribution of (P bar)?
b. What is the
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