Question: You may need to use the appropriate appendix table or technology to answer this question. The president of Doerman Distributors, Inc., believes that 35% of
You may need to use the appropriate appendix table or technology to answer this question.
The president of Doerman Distributors, Inc., believes that 35% of the firm's orders come from first-time customers. A random sample of 100 orders will be used to estimate the proportion of first-time customers.
(a)
Assume that the president is correct and
p = 0.35.
What is the sampling distribution of
p
for n = 100? (Round your answer for
p
to four decimal places.)
p
= .0385
E(p)
=
Since np = and n(1 p) = , approximating the sampling distribution with a normal distribution
appropriate in this case.
(b)
What is the probability that the sample proportion
p
will be between 0.25 and 0.45? (Round your answer to four decimal places.)
__________
(c)
What is the probability that the sample proportion will be between 0.30 and 0.40? (Round your answer to four decimal places.)
__________
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