Based on historical data, your manager believes that 26% of the company's orders come from first- time customers. A random sample of 141 orders will be used to estimate the proportion of first- time-customers. What is the probability that the sample proportion is greater than than 0.4? 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.) %3D

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Based on historical data, your manager believes that 26% of the company's orders come from first-
time customers. A random sample of 141 orders will be used to estimate the proportion of first-
time-customers. What is the probability that the sample proportion is greater than than 0.4?
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.)
%3D
Transcribed Image Text:Based on historical data, your manager believes that 26% of the company's orders come from first- time customers. A random sample of 141 orders will be used to estimate the proportion of first- time-customers. What is the probability that the sample proportion is greater than than 0.4? 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.) %3D
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