Based on historical data, your manager believes that 28% of the company's orders come from first-time customers. A random sample of 108 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is between 0.24 and 0.46?Note: You should carefully round any z-values you calculate to 4 decimal places to match wamap'sapproach and calculations.Answer =(Enter your answer as a number accurate to 4 decimal places.)

Given: ρ=28%=0.28n=108 We have to find P0.24<p^<0.46

Answered: Based on historical data, your manager…

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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