A department store has determined that 30% of all their sales are credit sales. A random sample of 80 sales is selected. What is the probability that the sampleproportion will be between 0.25 and 0.35? (show all calculations; round the standard deviation to second decimal place)For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).BIUS ParagraphArial10pt...1I!

The population proportion of credit sales (p) is 0.30. Sample size (n) = 80

Answered: A department store has determined that…

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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A department store has determined that 30% of all their sales are credit sales. A random sample of 80 sales is selected. What is the probability that the sample proportion will be between 0.25 and 0.35? (show all calculations; round the standard deviation to second decimal place)