eBook The Food Marketing Institute shows that 17% of households spend more than $100 per week on groceries. Assume the population proportion is p = 0.17 and a simple random sample of 800 households will be selected from the population. Use z-table. a. Calculate the sampling distribution of p, the proportion of households spending more than $100 per week on groceries. E(F) = (to 2 decimals) oF = (to 4 decimals) b. What is the probability that the sample proportion will be within +0.02 of the population proportion (to 4 decimals)? C. What is the probability that the sample proportion will be within ±0.02 of the population proportion for a sample of 1600 households (to 4 decimals)?
eBook The Food Marketing Institute shows that 17% of households spend more than $100 per week on groceries. Assume the population proportion is p = 0.17 and a simple random sample of 800 households will be selected from the population. Use z-table. a. Calculate the sampling distribution of p, the proportion of households spending more than $100 per week on groceries. E(F) = (to 2 decimals) oF = (to 4 decimals) b. What is the probability that the sample proportion will be within +0.02 of the population proportion (to 4 decimals)? C. What is the probability that the sample proportion will be within ±0.02 of the population proportion for a sample of 1600 households (to 4 decimals)?
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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![**Exercise 07.37**
The Food Marketing Institute shows that 17% of households spend more than $100 per week on groceries. Assume the population proportion is \( p = 0.17 \) and a simple random sample of 800 households will be selected from the population. Use the z-table.
a. Calculate the sampling distribution of \(\bar{p}\), the proportion of households spending more than $100 per week on groceries.
- \( E(\bar{p}) = \) _____ (to 2 decimals)
- \( \sigma_{\bar{p}} = \) _____ (to 4 decimals)
b. What is the probability that the sample proportion will be within ±0.02 of the population proportion (to 4 decimals)?
c. What is the probability that the sample proportion will be within ±0.02 of the population proportion for a sample of 1600 households (to 4 decimals)?
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Transcribed Image Text:**Exercise 07.37**
The Food Marketing Institute shows that 17% of households spend more than $100 per week on groceries. Assume the population proportion is \( p = 0.17 \) and a simple random sample of 800 households will be selected from the population. Use the z-table.
a. Calculate the sampling distribution of \(\bar{p}\), the proportion of households spending more than $100 per week on groceries.
- \( E(\bar{p}) = \) _____ (to 2 decimals)
- \( \sigma_{\bar{p}} = \) _____ (to 4 decimals)
b. What is the probability that the sample proportion will be within ±0.02 of the population proportion (to 4 decimals)?
c. What is the probability that the sample proportion will be within ±0.02 of the population proportion for a sample of 1600 households (to 4 decimals)?
[**Icon Key**]
- Save
- Submit Assignment for Grading
- Check My Work
**Question 8 of 8**
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