According to a 2009 Reader's Digest article, people throw away approximately 11% of what they buy at the grocery store. Assume this is the true proportion and you plan to randomly survey 128 grocery shoppers to investigate their behavior. What is the probability that the sample proportion exceeds 0.16?
Continuous Probability Distributions
Probability distributions are of two types, which are continuous probability distributions and discrete probability distributions. A continuous probability distribution contains an infinite number of values. For example, if time is infinite: you could count from 0 to a trillion seconds, billion seconds, so on indefinitely. A discrete probability distribution consists of only a countable set of possible values.
Normal Distribution
Suppose we had to design a bathroom weighing scale, how would we decide what should be the range of the weighing machine? Would we take the highest recorded human weight in history and use that as the upper limit for our weighing scale? This may not be a great idea as the sensitivity of the scale would get reduced if the range is too large. At the same time, if we keep the upper limit too low, it may not be usable for a large percentage of the population!
According to a 2009 Reader's Digest article, people throw away approximately 11% of what they buy at the grocery store. Assume this is the true proportion and you plan to randomly survey 128 grocery shoppers to investigate their behavior. What is the
Note: You should carefully round any z-values you calculate to 4 decimal places to match wamap's approach and calculations.
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