The population proportion is 0.40. What is the probability that a sample proportion will be within ±0.04 of the population proportion for each of the following sample sizes? Round your answers to 4 decimal places. Use z-table. a. n = 100 0.5878 b. n = 200 0.7499 c. n = 500 0.9328 d. n = 1000 0.9901 e. What is the advantage of a larger sample size? With a larger sample, there is a higher probability will be within ±0.04 of the population proportion p.
The population proportion is 0.40. What is the probability that a sample proportion will be within ±0.04 of the population proportion for each of the following sample sizes? Round your answers to 4 decimal places. Use z-table. a. n = 100 0.5878 b. n = 200 0.7499 c. n = 500 0.9328 d. n = 1000 0.9901 e. What is the advantage of a larger sample size? With a larger sample, there is a higher probability will be within ±0.04 of the population proportion p.
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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I need help with part B (marked by a red "X"). The answer is not 0.7499, 0.7498, 0.7500, or 0.7497. I have tried those answers and they were all wrong.

Transcribed Image Text:The population proportion is 0.40. What is the probability that a sample proportion will be within ±0.04 of the population proportion for each of the following sample sizes? Round your
answers to 4 decimal places. Use z-table.
a. n = 100
0.5878
b. n = 200 0.7499
c. n
= 500
0.9328
d. n = 1000 0.9901
e. What is the advantage of a larger sample size?
With a larger sample, there is a higher
probability will be within ±0.04 of the population proportion p.
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