MindTap Business Statistics, 1 term (6 months) Printed Access Card for Anderson/Sweeney/Williams/Camm/Cochran's Essentials of Statistics for Business and Economics, 8th
MindTap Business Statistics, 1 term (6 months) Printed Access Card for Anderson/Sweeney/Williams/Camm/Cochran's Essentials of Statistics for Business and Economics, 8th
8th Edition
ISBN: 9781337114288
Author: Anderson, David R.; Sweeney, Dennis J.; Williams, Thomas A.; Camm, Jeffrey D.; Cochran, James J.
Publisher: Cengage Learning
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Chapter 7.6, Problem 32E

A population proportion is .40. A sample of size 200 will be taken and the sample proportion p ¯ will be used to estimate the population proportion.

  1. a. What is the probability that the sample proportion will be within ±.03 of the population proportion?
  2. b. What is the probability that the sample proportion will be within ±.05 of the population proportion?
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