Suppose the marketing company did a survey. They randomly surveyed 145 households and found that in 42 of them, the woman made the majority of the purchasing decisions. We are interested in the population proportion of households where women make the majority of the purchasing decisions. a) What is the number of households where women make the majority of purchasing decisions? b) What is the number of households surveyed? c) What is the sample proportion? (Round to four decimal places)

A First Course in Probability (10th Edition)
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Chapter1: Combinatorial Analysis
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Suppose the marketing company did a survey. They randomly surveyed 145 households and found that in 42
of them, the woman made the majority of the purchasing decisions. We are interested in the population
proportion of households where women make the majority of the purchasing decisions.
a) What is the number of households where women make the majority of purchasing decisions?
b) What is the number of households surveyed?
c) What is the sample proportion?
(Round to four decimal places)
Transcribed Image Text:Suppose the marketing company did a survey. They randomly surveyed 145 households and found that in 42 of them, the woman made the majority of the purchasing decisions. We are interested in the population proportion of households where women make the majority of the purchasing decisions. a) What is the number of households where women make the majority of purchasing decisions? b) What is the number of households surveyed? c) What is the sample proportion? (Round to four decimal places)
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Step 1

Proportion is almost similar to the concept of probability. Proportion is a fraction of a population or sample which has a specific characteristic of interest.

The population is the set of all objects of interest. The sample is a subset of the population.

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