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StatisticsQ&A LibraryThe president of Doerman Distributors, Inc., believes that 29% of the firm's orders come from first-time customers. A simple random sample of 100 orders will be used to estimate the proportion of first-time customers. Use z-table. a. Assume that the president is correct and p=0.29. What is the sampling distribution of p for this study? b.What is the probability that the sample proportion will be between .18 and .40 (to 4 decimals)? c. What is the probability that the sample proportion will be between .23 and .35 (to 4 decimals)?Start your trial now! First week only $4.99!*arrow_forward*

Question

The president of Doerman Distributors, Inc., believes that 29% of the firm's orders come from first-time customers. A simple random sample of 100 orders will be used to estimate the proportion of first-time customers. Use *z*-table.

**a.** Assume that the president is correct and p=0.29. What is the sampling distribution of p for this study?

**b.**What is the probability that the sample proportion will be between .18 and .40 (to 4 decimals)?

**c.** What is the probability that the sample proportion will be between .23 and .35 (to 4 decimals)?

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