A recent study shows that 77% of all people file their taxes yearly.  A researcher takes a simple random sample of 100 people. For what value of p^ is there is a 20% chance that her sample proportion will be at or below? Round your answer to the nearest hundredth. Use the z-table given below:

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.1: Stem-and-leaf Plots And Histograms
Problem 2E
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A recent study shows that 77% of all people file their taxes yearly.  A researcher takes a simple random sample of 100 people.

For what value of p^ is there is a 20% chance that her sample proportion will be at or below?

Round your answer to the nearest hundredth. Use the z-table given below:

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