A large candy company has a product that comes in several different colors. The company claims that 34.1% of these candies are colored red. Note: It is assumed that you use the normal distribution as a model to answer (b) and (c). a) For samples of size 500, what is the standard deviation for the sampling distribution of the sample proportion of red candies? b) In a random sample of 500 candies, what is the probability that less than 31.7% are red? c) What is the probability that a random sample of 500 candies results in higher than 37.1% red?
A large candy company has a product that comes in several different colors. The company claims that 34.1% of these candies are colored red. Note: It is assumed that you use the normal distribution as a model to answer (b) and (c). a) For samples of size 500, what is the standard deviation for the sampling distribution of the sample proportion of red candies? b) In a random sample of 500 candies, what is the probability that less than 31.7% are red? c) What is the probability that a random sample of 500 candies results in higher than 37.1% red?
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
Transcribed Image Text:A large candy company has a product that comes in several different colors. The company claims that
34.1% of these candies are colored red.
Note: It is assumed that you use the normal distribution as a model to answer (b) and (c).
a) For samples of size 500, what is the standard deviation for the sampling distribution of the sample
proportion of red candies?
b) In a random sample of 500 candies, what is the probability that less than 31.7% are red?
c) What is the probability that a random sample of 500 candies results in higher than 37.1% red?
d) What is the probability that a random sample of 14 candies results in 5 candies or fewer that are red?
Note: Something has changed about the setting here for part (d).
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