Based on historical data, your manager believes that 31% of the company's orders come from first- time customers. A random sample of 103 orders will be used to estimate the proportion of first- time-customers. What is the probability that the sample proportion is less than 0.32? Note: You should carefully round any z-values you calculate to 4 decimal places to match wamap's approach and calculations. Answer = (Enter your answer as a number accurate to 4 decimal places.)
Based on historical data, your manager believes that 31% of the company's orders come from first- time customers. A random sample of 103 orders will be used to estimate the proportion of first- time-customers. What is the probability that the sample proportion is less than 0.32? Note: You should carefully round any z-values you calculate to 4 decimal places to match wamap's approach and calculations. Answer = (Enter your answer as a number accurate to 4 decimal places.)
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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