Supposing 47% of the population has a college degree. If a random sample of size 460 is selected, what's the probability that the proportion of persons with a college degree will differ from the population proportion by more than 4%? Round your answer to four decimal places
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
Supposing 47% of the population has a college degree.
If a random
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