Based on historical data, your manager believes that 33% of the company's orders come from first-time customers. A random sample of 89 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?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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Based on historical data, your manager believes that 33%
of the company's orders come from first-time customers.
A random sample of 89 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?
Answer =
(Enter your answer as a number
accurate to 4 decimal places.)
Transcribed Image Text:Based on historical data, your manager believes that 33% of the company's orders come from first-time customers. A random sample of 89 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? Answer = (Enter your answer as a number accurate to 4 decimal places.)
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