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According to a 2009 Reader's Digest article, people throw away approximately 10% of what they buy at the grocery store. Assume this is the true proportion, and you plan to randomly survey 100 grocery shoppers to investigate their behavior. What is the probability that the sample proportion exceeds 0.02? Round your answer to three decimal places.

According to a 2009 Reader's Digest article, people throw away approximately 10% of what they buy at the grocery store. Assume this is the true proportion, and you plan to randomly survey 100 grocery shoppers to investigate their behavior. What is the probability that the sample proportion exceeds 0.02? Round your answer to three decimal places.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.4: Collecting Data
Problem 3E
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According to a 2009 Reader's Digest article, people throw away approximately 10% of what they buy at the grocery store. Assume this is the true proportion, and you plan to randomly survey 100 grocery shoppers to investigate their behavior. What is the probability that the sample proportion exceeds 0.02? Round your answer to three decimal places.
Transcribed Image Text:According to a 2009 Reader's Digest article, people throw away approximately 10% of what they buy at the grocery store. Assume this is the true proportion, and you plan to randomly survey 100 grocery shoppers to investigate their behavior. What is the probability that the sample proportion exceeds 0.02? Round your answer to three decimal places.
Expert Solution
Step 1

given data 

n = 100

p = 0.10

P(p^>0.02) = ?

steps

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