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]
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
Problem 27T
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