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 0.03? 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 0.03? Round your answer to three decimal places.
MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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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 0.03?
Round your answer to three decimal places.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa7c552a5-6f65-41e6-a6cb-bb4c06ca9497%2F272c79a8-a7ca-496a-b46b-a62a81b2f653%2Fdl3ldiq_processed.png&w=3840&q=75)
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 0.03?
Round your answer to three decimal places.
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
Step 1
Introduction:
Denote p as the true population proportion of items thrown away by grocery shoppers, among the items bought at the grocery store.
Denote p̂ as the sample proportion of the same event, for the sample size of, n = 100 grocery shoppers.
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