A survey of 2,250 American adults reported that 59% got news both online and offline in a

Question:

A survey of 2,250 American adults reported that 59% got news both online and offline in a typical day. (Data extracted from "How Americans Get News in a Typical Day," USA Today, March 10, 2010, p. 1A.)
a. Suppose that you take a sample of 100 American adults. If the population proportion of American adults who get news both online and offline in a typical day is 0.59, what is the probability that fewer than half in your sample will get news both online and offline in a typical day?
b. Suppose that you take a sample of 500 American adults. If the population proportion of American adults who get news both online and offline in a typical day is 0.59, what is the probability that fewer than half in your sample will get news both online and offline in a typical day?
c. Discuss the effect of sample size on the sampling distribution of the proportion in general and the effect on the probabilities in (a) and (b). Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Managers Using Microsoft Excel

ISBN: 9780133130805

7th Edition

Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

Question Posted: