A Food Marketing Institute found that 32% of households spend more than $125 a week on groceries. Assume the population proportion is 0.32 and a simple random sample of 284 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 0.3? There is a probability that the sample proportion of households spending more than $125 a week is less than 0.3. Round the answer to 4 decimal places.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section10.6: Summarizing Categorical Data
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A Food Marketing Institute found that 32% of households spend more than $125 a week on groceries.
Assume the population proportion is 0.32 and a simple random sample of 284 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 0.3?
There is a
probability that the sample proportion of households spending more than $125 a
week is less than 0.3. Round the answer to 4 decimal places.
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Transcribed Image Text:A Food Marketing Institute found that 32% of households spend more than $125 a week on groceries. Assume the population proportion is 0.32 and a simple random sample of 284 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 0.3? There is a probability that the sample proportion of households spending more than $125 a week is less than 0.3. Round the answer to 4 decimal places. Question Help: D Video Submit Question
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