Question: 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

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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