A random sample of size n=80 is taken from a population of size N=600 with a population
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A random sample of size n=80 is taken from a population of size N=600 with a population proportion p=0.46.
a. Is it necessary to apply the finite population correction factor? Explain. Calculate the expected value and the standard error of the sample proportion.
b. What is the probability that the sample mean is less than 0.40?
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a Yes it is necessary because th...View the full answer
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Related Book For
Essentials Of Business Statistics Communicating With Numbers
ISBN: 9780078020544
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly
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