**Probability Problem Involving Film Flops**A film distribution manager estimates that 8% of the films released are flops.**Problem Statement:** If the manager is correct, what is the probability that the proportion of flops in a sample of 655 released films would differ from the population proportion by greater than 3%? Round your answer to four decimal places.**Instructions:** - Enter your answer in the provided box. - The interface includes options to use a keypad or view tables for calculations. - Use the "Submit Answer" button to check your work. - Additional options include "Skip," "Try Similar," and access to a tutor for guidance.**Note:** This problem requires an understanding of probability and sampling distributions to solve.

Where,Refer to Standard normal table/Z-table to find the probability of z=-2.83 and z=2.83 to the left of the normal curve. OR Use excel formula "=NORM.S.DIST(2.83, TRUE)" and "=NORM.S.DIST(-2.83, TRUE)" to find the probability. Answer:

Math

Statistics

A film distribution manager calculates that 8 % of the films released are flops. If the manager is correct, what is the probability that the proportion of flops in a sample of 655 released films would differ from the population proportion by greater than 3 % ? Round your answer to four decimal places. Answer I Tables Keyрad How to enter your answer Keyboard Shortcuts

A film distribution manager calculates that 8 % of the films released are flops. If the manager is correct, what is the probability that the proportion of flops in a sample of 655 released films would differ from the population proportion by greater than 3 % ? Round your answer to four decimal places. Answer I Tables Keyрad How to enter your answer Keyboard Shortcuts

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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