Based on historical data, your manager believes that 25% of the company's orders come from first- time customers. A random sample of 83 orders will be used to estimate the proportion of first-time- customers. What is the probability that the sample proportion is between 0.21 and 0.35? Note: You should carefully round any z-values you calculate to 4 decimal places to match wamap's approach and calculations. Answer = (Enter your answer as a number accurate to 4 decimal places.)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Based on historical data, your manager believes that 25% of the company's orders come from first-
time customers. A random sample of 83 orders will be used to estimate the proportion of first-time-
customers. What is the probability that the sample proportion is between 0.21 and 0.35?
Note: You should carefully round any z-values you calculate to 4 decimal places to match wamap's
approach and calculations.
Answer =
(Enter your answer as a number accurate to 4 decimal places.)
Transcribed Image Text:Based on historical data, your manager believes that 25% of the company's orders come from first- time customers. A random sample of 83 orders will be used to estimate the proportion of first-time- customers. What is the probability that the sample proportion is between 0.21 and 0.35? Note: You should carefully round any z-values you calculate to 4 decimal places to match wamap's approach and calculations. Answer = (Enter your answer as a number accurate to 4 decimal places.)
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