A charity has found that 42% of all donors from last year will donate again this year.

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A charity has found that 42% of all donors from last year will donate again this year. A random sample of 300 donors from last year was taken.
a. What is the standard error of the sample proportion who will donate again this year?
b. What is the probability that more than half of these sample members will donate again this year?
c. What is the probability that the sample proportion is between 0.40 and 0.45?
d. Without doing the calculations, state in which of the following ranges the sample proportion is more likely to lie: 0.39 to 0.41, 0.41 to 0.43, 0.43 to 0.45, or 0.45 to 0.46.
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Statistics For Business And Economics

ISBN: 9780132745659

8th Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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