Suppose a simple random sample of size n=1000 is obtained from a population whose size is N=1,000,000 and whose population proportion with a specified characteristic is p=0.76. What is the probability of obtaining x=780 or more individuals with the characteristic?

Suppose a simple random sample of size n=1000 is obtained from a population whose size is N=1,000,000 and whose population proportion with a specified characteristic is p=0.76. What is the probability of obtaining x=780 or more individuals with the characteristic?

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter8: Sequences, Series,and Probability

Section8.7: Probability

Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....

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Question

Suppose a simple random sample of size n=1000 is obtained from a population whose size is N=1,000,000 and whose population proportion with a specified characteristic is p=0.76.

What is the probability of obtaining x=780 or more individuals with the characteristic?

Expert Solution