Suppose a simple random sample of size n=1000 is obtained from a population whose size is N=2,000,000 and whose population proportion with a specified characteristic is p=0.58. What is the probability of obtaining x=540 or fewer individuals with the characteristic?
Suppose a simple random sample of size n=1000 is obtained from a population whose size is N=2,000,000 and whose population proportion with a specified characteristic is p=0.58. What is the probability of obtaining x=540 or fewer individuals with the characteristic?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Suppose a simple random sample of size
n=1000
is obtained from a population whose size is
N=2,000,000
and whose population proportion with a specified characteristic is
p=0.58.
What is the probability of obtaining
x=540
or fewer individuals with the characteristic?Expert Solution
Step 1
Here is given that, sample is 1000 and proportion is 0.58.
We will use binomial distribution to find mean and standard deviation then use z-standard normal approximation.
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