The president of Doerman Distributors, Inc., believes that 30% of the firm's orders come from first-time customers. A random sample of 100 orders will be used to estimate the proportion of first-time customers. (a) Assume that the president is correct and p = 0.30. What is the sampling distribution of p for n = 100? (Round your answer for σp to four decimal places.) σp = E (p) = Since np = and n (1 - p) =, approximating the sampling distribution with a normal distribution - --Select-- - is is not appropriate in this case. (b) What is the probability that the sample proportionp will be between 0.20 and 0.40? (Round your answer to four decimal places.) (c) What is the probability that the sample proportion will be between 0.25 and 0.35? (Round your answer to four decimal places.)

Question

Mathematics

Sanaa Peck

23 November, 00:02

The president of Doerman Distributors, Inc., believes that 30% of the firm's orders come from first-time customers. A random sample of 100 orders will be used to estimate the proportion of first-time customers. (a) Assume that the president is correct and p = 0.30. What is the sampling distribution of p for n = 100? (Round your answer for σp to four decimal places.) σp = E (p) = Since np = and n (1 - p) =, approximating the sampling distribution with a normal distribution - --Select-- - is is not appropriate in this case. (b) What is the probability that the sample proportionp will be between 0.20 and 0.40? (Round your answer to four decimal places.) (c) What is the probability that the sample proportion will be between 0.25 and 0.35? (Round your answer to four decimal places.)

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Answers (1)

Know the Answer?

Pierce Stokes · Answer 1

a) 0.04582576

b) 0.9707

c) 0.7243

Step-by-step explanation:

a) the sampling distribution of for this study

Normal distribution with p=0.3 and standard deviation=sqrt (p * (1-p) / n)

=sqrt (0.3*0.7/100)

=0.04582576

b) A normal distribution because np and n (1-p) are both greater than 5

So the probability that the sample proportion will be between. 20 and. 40 is

P (0.2
= P ((0.2-0.3) / sqrt (0.3*0.7/100) < (phat-p) / sqrt (p * (1-p) / n) < (0.4-0.3) / sqrt (0.3*0.7/100))

=P (-2.18
=0.9707 (from standard normal table)

c) So the probability that the sample proportion will be between. 25 and. 35 is

P (0.25
=P ((0.25-0.3) / sqrt (0.3*0.7/100)
=P (-1.09
=0.7243 (from standard normal table)