According to a 2009 Reader's Digest article, people throw away approximately 10% of what they buy at the grocery store. Assume this is the true proportion, and you plan to randomly survey 100 grocery shoppers to investigate their behavior. What is the probability that the sample proportion exceeds 0.03? Round your answer to three decimal places.

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 50E: Flexible Work Hours In a recent survey, people were asked whether they would prefer to work flexible...
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According to a 2009 Reader's Digest article, people throw away approximately 10% of what they buy at
the grocery store. Assume this is the true proportion, and you plan to randomly survey 100 grocery
shoppers to investigate their behavior. What is the probability that the sample proportion exceeds 0.03?
Round your answer to three decimal places.
Transcribed Image Text:According to a 2009 Reader's Digest article, people throw away approximately 10% of what they buy at the grocery store. Assume this is the true proportion, and you plan to randomly survey 100 grocery shoppers to investigate their behavior. What is the probability that the sample proportion exceeds 0.03? Round your answer to three decimal places.
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