Handy Glass Pty has found that 25% of customers in its client base are located in Gauteng. A sample of 130 customers is randomly selected. Assuming normal distribution: Q.2.1.2 What is the probability that more than 24.50% of the customers in the sample are situated in Gauteng? Interpret your answer.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Topic Video
Question

Handy Glass Pty has found that 25% of customers in its client base are located in
Gauteng. A sample of 130 customers is randomly selected. Assuming normal
distribution
: Q.2.1.2 What is the probability that more than 24.50% of the customers in the
sample are situated in Gauteng? Interpret your answer.

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Hypothesis Tests and Confidence Intervals for Means
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, probability and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON