A carpet expert believes that 7 % of Persian carpets are counterfeits.If the expert is accurate, what is the probability that the proportion of counterfeits in a sample of 574 Persian carpets would be greater than 6 % ? Round your answerto four decimal places.E TablesE KeypadAnswerHow to enter your answerKeyboard ShortcutsTutorSkipTry SimilarSubmit AnswerO 2020 Hawkes Learningesc80DIDDF3F4FSF10F11%232$&+1234678deleteQWYU{}PAFGJL:retCVNoptioncommandcommandoption.. ..

Name: A carpet expert believes that 7 % of Persian carpets are counterfeits
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Description: A carpet expert believes that 7 % of Persian carpets are counterfeits.If the expert is accurate, what is the probability that the proportion of counterfeits in a sample of 574 Persian carpets would be greater than 6 % ? Round your answerto four deci

Given: p=0.07 and n=574. So, p^ follows approximately normal distribution with mean, p=0.07 and standard deviation,p1-pn=0.01065.It is known that, PX=x=PP^=p^ and z is calculated asz=p^-pp1-pn. Then,PP^>0.06=PZ>0.06-0.070.01065=PZ>-0.94=1-PZ≤-0.94 from left tailed z tables=1-0.1736=0.8264 Therefore, the probability that the proportion would be greater than 6% is 0.8264.

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A carpet expert believes that 7 % of Persian carpets are counterfeits. If the expert is accurate, what is the probability that the proportion of counterfeits in a sample of 574 Persian carpets would be greater than 6% ? Round your answer to four decimal places.

A carpet expert believes that 7 % of Persian carpets are counterfeits. If the expert is accurate, what is the probability that the proportion of counterfeits in a sample of 574 Persian carpets would be greater than 6% ? Round your answer to four decimal places.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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