BuyFind

Essentials Of Statistics For Busin...

9th Edition
David R. Anderson + 4 others
Publisher: South-Western College Pub
ISBN: 9780357045435
BuyFind

Essentials Of Statistics For Busin...

9th Edition
David R. Anderson + 4 others
Publisher: South-Western College Pub
ISBN: 9780357045435

Solutions

Chapter 7.9, Problem 48E

a.

To determine

Find the sampling distribution of the sample proportion of vehicles p¯ for the given study.

b.

To determine

Find the probability that the sample proportion p¯ will be within 0.1% of the population proportion.

c.

To determine

Find the probability that the sample proportion p¯ will be within 0.25% of the population proportion.

Comment on the difference between this probability and the value computed in Part (b).

d.

To determine

Explain how to interpret the result if the sample proportion of orders p¯ differs from the population proportion p by more than 1%.

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