Question: ABP elearning.utdallas.edu Test: Exam 2 - STAT 3360.002 - Pro.. Course Hero https://elearning.utdallas.edu/bbcswebda Problem 5 [10 points = 5 + 5] Marketing research specialists assume

 ABP elearning.utdallas.edu Test: Exam 2 - STAT 3360.002 - Pro.. Course

ABP elearning.utdallas.edu Test: Exam 2 - STAT 3360.002 - Pro.. Course Hero https://elearning.utdallas.edu/bbcswebda Problem 5 [10 points = 5 + 5] Marketing research specialists assume that a theoretical proportion of customers willing to add new services is p - 0.4. They designed a poll based on n = 150 respondents. A count - X of positive answers is going to be converted into a sample proportion as follows: P - X n 150 Use the sampling distribution of a sample proportion to answer questions below. 1. What is the approximate chance of having a sample proportion above 0.34? 2. Find the approximate probability that the sample proportion will be between 0.32 and 0.42 Solution

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