Suppose that 20% of the residents in a certain state supporan increase in the property tax. An opinion poll willrandomly sample 400 state residents and will then compute the proportion in thesample that support a property tax increase.How likely is the resulting sample proportion to be within 0.04 of the trueproportion (i.e., between 0.16 and 0.24)?(Hint: Use the sampling distribution of the sample proportion in this case.)A. O It is certain that the resulting sample proportion will be within 0.04 ofthe true proportion.B. There is roughly a 99.7% chance that the resulting sample proportionwill be within 0.04 of the true proportion.C. There is roughly a 95% chance that the resulting sample proportionwill be within 0.04 of the true proportion.D. O There is roughly a 68% chance that the resulting sample proportionwill be within 0.04 of the true proportion.

Answered: Image /qna-images/answer/fc45ab35-5d55-42e8-99bc-aa56217180ec.jpg

Answered: Suppose that 20% of the residents in a…

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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