Question 19

Question 19 A Food Marketing Institute found that 46% of households spend more than $125 a week on groceries. Assume the population proportion is 0.46 and a simple random sample of 130 households is selected from the population. What is the probability that the sample proportion of households spending more than $125 a week is more than than 0.47? Note: You should carefully round any z-values you calculate to 4 decimal places to match wamap's approach and calculations. Answer = (Enter your answer as a number accurate to 4 decimal places.)