What is the z-score for -2.74? The answer in my book says it is 0.0031. However, my z-table states it is 0.0192. Here is the problem: Marketing claims. A company claims that 60% of the households in a given community use its product. A competitor surveys the community, using a random sample of 40 households, and finds only 15 households out of the 40 in the sample use the product.  If the company’s claim is correct, what is the probability of 15 or fewer households using the product in a sample of 40? Conclusion? Approximate a binomial distribution with a normal distribution.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
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What is the z-score for -2.74? The answer in my book says it is 0.0031. However, my z-table states it is 0.0192.

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Marketing claims. A company claims that 60% of the households in a given community use its product. A competitor surveys the community, using a random sample of 40 households, and finds only 15 households out of the 40 in the sample use the product.  If the company’s claim is correct, what is the probability of 15 or fewer households using the product in a sample of 40? Conclusion? Approximate a binomial distribution with a normal distribution.

 

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