MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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The Food Marketing Institute shows that 17% of households spend more than $100 per week on groceries. Assume the population is p=.17 and a sample of 800 households will be selected from the population. Use z-table. 
b. What is the probability that the sample proportion will be within +/- 0.03 of the population proportion (to 4 decimals)?

c. What is the probability that the sample proportion will be within +/- 0.03 of the population proportion for a sample of 1,200 households?

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