Based on historical data, your manager believes that 27% of the company's orders come from first-time customers. A random sample of 221 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 0.48? (Enter your answer as a number accurate to 4 decimal places.)
Based on historical data, your manager believes that 27% of the company's orders come from first-time customers. A random sample of 221 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 0.48? (Enter your answer as a number accurate to 4 decimal places.)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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![**Question 6:**
Based on historical data, your manager believes that 27% of the company’s orders come from first-time customers. A random sample of 221 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 0.48?
\[ \_\_\_\_\_\_ \] (Enter your answer as a number accurate to 4 decimal places.)
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Transcribed Image Text:**Question 6:**
Based on historical data, your manager believes that 27% of the company’s orders come from first-time customers. A random sample of 221 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 0.48?
\[ \_\_\_\_\_\_ \] (Enter your answer as a number accurate to 4 decimal places.)
[Submit Question Button]
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