Based on historical data, your manager believes that 28% of the company's orders come from first-time customers. A random sample of 110 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is between 0.29 and 0.4 (Enter your answer as a number accurate to 4 decimal places.)
Based on historical data, your manager believes that 28% of the company's orders come from first-time customers. A random sample of 110 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is between 0.29 and 0.4 (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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![Based on historical data, your manager believes that 28% of the company's orders come from first-time
customers. A random sample of 110 orders will be used to estimate the proportion of first-time-customers.
What is the probability that the sample proportion is between 0.29 and 0.4?
(Enter your answer as a number accurate to 4 decimal places.)
Submit Question](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F93b20189-160f-4a1d-aa1d-3bb270dec6cb%2F34015ec4-9fbe-4414-b75c-f1c8bbaf1165%2Fskez12c_processed.png&w=3840&q=75)
Transcribed Image Text:Based on historical data, your manager believes that 28% of the company's orders come from first-time
customers. A random sample of 110 orders will be used to estimate the proportion of first-time-customers.
What is the probability that the sample proportion is between 0.29 and 0.4?
(Enter your answer as a number accurate to 4 decimal places.)
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