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 225 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 0.28? Answer = (Enter your answer as a number accurate to 4 decimal places.) Submit Question
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 225 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 0.28? Answer = (Enter your answer as a number accurate to 4 decimal places.) Submit Question
Chapter8: Sequences, Series,and Probability
Section: Chapter Questions
Problem 18T: You attend a karaoke night and hope to hear your favorite song. The karaoke song book has 300...
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