A courier service company wishes to estimate the proportion of people in various states that will use its services. Suppose the true proportion is 0.06. If 305 are sampled, what is the probability that the sample proportion will be less than 0.08? Round your answer to four decimal places. Answer
A courier service company wishes to estimate the proportion of people in various states that will use its services. Suppose the true proportion is 0.06. If 305 are sampled, what is the probability that the sample proportion will be less than 0.08? Round your answer to four decimal places. Answer
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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Question

Transcribed Image Text:A courier service company wishes to estimate the proportion of people in various states that will use its services. Suppose the true proportion is 0.06.
If 305 are sampled, what is the probability that the sample proportion will be less than 0.08? Round your answer to four decimal places.
Answer
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Tables E
Keyboa

Transcribed Image Text:STANDARD NORMAL DISTRIBUTION: Table Values Represent AREA to the LEFT of the Z score.
Z
.00
.01
.02
.03
.04
.06
.07
.08
-3.9 .00005 .00005 .00004
.00004
.00004
.00004
.00004
.00003
-3.8
.00007 .00007 .00007
.00006
.00006
.00006 .00005
.00005
-3.7
.00010
.00009
.00009
.00008 .00008 .00008
.00014
.00014
.00013
.00012
.00013 .00012
.00019 .00018 .00017
,00021
.00020
.00019
.00030 .00029
.00028 .00027
.00026 .00025
.00011 .00010 .00010
-3.6 .00016 .00015 .00015
-3.5 .00023 .00022 .00022
-3.4 .00034
.00032 .00031
-3.3 .00048 .00047 .00045
-3.2 .00069 .00066
-3.1 .00097
-3.0 .00135
.00064
.00052
.00043 .00042 .00040 .00039 .00038 .00036
.00062 .00060 .00058 .00056 .00054
.00084 .00082
.00118 .00114
.00094
.00090
.00087
.00079 .00076 .00074
.00131 .00126
.00122
.00107
.00104
.00111
.00164 .00159 .00154
.00212
.00149
.00144
.00205
.00199
.00280
.00272
.00391 .00379 .00368
-2.9 .00187 .00181 .00175
.00169
-2.8 .00256 .00248 .00240 .00233 ,00226 .00219
-2.7 .00347 .00336 .00326 .00317
.00307 .00298 .00289
-2.6 .00466 .00453 .00440 .00427 .00415 .00402
-2.5 .00621 .00604 .00587 .00570 .00554 .00539 .00523 .00508 .00494
-2.4 .00820 .00798 .00776 .00755 .00734 .00714
.00695
.00676 .00657
-2.3 .01072 .01044 .01017 .00990 .00964 .00939 .00914 .00889 .00866
.01321
.01287
.01255 .01222 .01191 .01160 .01130
-2.1 .01786 .01743 .01700 .01659 .01618 .01578 .01539 .01500 .01463
.02068 .02018 .01970 .01923
.02619 .02559 .02500 .02442 .02385
.03288 .03216
.03144
.04006 .03920 .03836 .03754
.04947
.06057 .05938 .05821
-2.2 .01390 .01355
-2.0 .02275 .02222
.02169
.02118
.01876
-1.9
.02872
.02807
.02743
.02680
-1.8
.03593 .03515
.03438
.03362
-1.7
04457 .04363
.04272
04182
.04093
05155
.04846 .04746
.04648
.05705
.07078 .06944
.08534 .08379
-1.6 .05480 .05370 .05262
.05050
-1.5 .06681 .06552 .06426 .06301 .06178
-1.4 .08076 .07927 .07780 .07636 .07493
-1.3 .09680 .09510 .09342 .09176 .09012
-1.2 .11507 .11314 .11123 .10935 .10749
-1.1 .13567 .13350 .13136 .12924 .12714
-1.0 .15866
.15625 .15386 .15151 .14917
-0.9 .18406 .18141 .17879 .17619 .17361
-0.8 .21186 .20897 .20611 .20327
-0.7 .24196 23885 .23576 .23270 .22965
27425
-0.6
.27093 .26763 .26435 .26109
-0.5 .30854 .30503
.07353 .07215
.08851 .08691
.10565
.12507 .12302 .12100
.14686
.14457
.17106 .16853
.19489
.10383 .10204 .10027
.11900
.14007
.16602 .16354
.20045
.19766
.19215 .18943
.22663
.22363 .22065
21770
.25785
.25463 25143 .24825
.30153 .29806
.29460
29116
.28774
28434 .28096
-0.4
.34458
.34090
.33724
.33360
.32997
.32636
.32276
.31918
.31561
-0.3
.38209
.37828
.37448
.37070
.36693
.36317
.35942
.35569
.35197
-0.2
.40129
.39743
.39358 .38974
.42074 .41683
.41294 .40905 ,40517
.46017 .45620 .45224 .44828 .44433
-0.1
.44038
.43644
.43251 .42858
-0.0
.50000
.49601 .49202
.48803 .48405
.48006
.47210
.47608
.46812
.05
.00004
.00006
.09
.00003
.00005
.00008
.00011
.00017
.00024
.00035
.00050
.00071
.00100
.00139
.00193
.00264
.00357
.00480
.00639
00842
.01101
.01426
.01831
.02330
.03074 .03005 .02938
.03673
.04551
.05592
.06811
.08226
.09853
.11702
.13786
.16109
.18673
.21476
.24510
.27760
.31207
.34827
.38591
.42465
46414
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