The Food Marketing Institute reports that 22% of households spend less than $100 per week on...
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The Food Marketing Institute reports that 22% of households spend less than $100 per week on groceries. Suppose a random sample of 300 households is taken. Find the probability that the sample proportion of households who spend less than $100 per week on groceries is within 2% of the population proportion. The Food Marketing Institute reports that 22% of households spend less than $100 per week on groceries. Suppose a random sample of 300 households is taken. Find the probability that the sample proportion of households who spend less than $100 per week on groceries is within 2% of the population proportion.
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