A Food Marketing Institute found that 31% of households spend more than $125 a week on groceries. Assume the population proportion is 0.31 and a simple random sample of 435 households is selected from the population. What is the probability that the sample proportion of households spending more than $125 a week is less than 0.32? There is a probability that the sample proportion of households spending more than $125 a week is less than 0.32. Round the answer to 4 decimal places.
A Food Marketing Institute found that 31% of households spend more than $125 a week on groceries. Assume the population proportion is 0.31 and a simple random sample of 435 households is selected from the population. What is the probability that the sample proportion of households spending more than $125 a week is less than 0.32? There is a probability that the sample proportion of households spending more than $125 a week is less than 0.32. Round the answer to 4 decimal places.
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section: Chapter Questions
Problem 14T: An unbalanced coin is weighted so that the probability of heads is 0.55. The coin is tossed ten...
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![A Food Marketing Institute found that 31% of households spend more than $125 a week on groceries. Assume
the population proportion is 0.31 and a simple random sample of 435 households is selected from the
population. What is the probability that the sample proportion of households spending more than $125 a
week is less than 0.32?
There is a
probability that the sample proportion of households spending more than $125 a
week is less than 0.32. Round the answer to 4 decimal places.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd2cfb9bd-fb54-4aaf-bf8d-6734f6abba07%2F3d4bc8e6-afb7-427d-bb07-f8c0be52cf7d%2F8ufn0to_processed.png&w=3840&q=75)
Transcribed Image Text:A Food Marketing Institute found that 31% of households spend more than $125 a week on groceries. Assume
the population proportion is 0.31 and a simple random sample of 435 households is selected from the
population. What is the probability that the sample proportion of households spending more than $125 a
week is less than 0.32?
There is a
probability that the sample proportion of households spending more than $125 a
week is less than 0.32. Round the answer to 4 decimal places.
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