Based on historical data, your manager believes that 31% of the company's orders come from first time customers. A random sample of 200 orders will be used to estimate the proportion of first- time-customers. What is the probability that the sample proportion is less than 0.28? [Percent or decimal will work, at least 2 decimals]

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section: Chapter Questions
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Based on historical data, your manager believes that 31% of the company's orders come from first
time customers. A random sample of 200 orders will be used to estimate the proportion of first-
time-customers. What is the probability that the sample proportion is less than 0.28?
[Percent or decimal will work, at least 2 decimals]
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Transcribed Image Text:Based on historical data, your manager believes that 31% of the company's orders come from first time customers. A random sample of 200 orders will be used to estimate the proportion of first- time-customers. What is the probability that the sample proportion is less than 0.28? [Percent or decimal will work, at least 2 decimals] 12:57 PM 72°F Sunny ^Ca 5/7/2022 Type here to search end ins prt sc delete home f12 f11 f8 f1o II f4 f5 f6 f3 & %24
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