Thirty percent of a magazine's subscribers are female. A random sample of 50 subscribers is taken. Answer the following questions using Excel.
a. | What is the probability that the proportion of females from this sample is at most 0.25? |
b. | What is the probability that the proportion of females from this sample is between 0.22 and 0.28? |
c. | What is the probability that the proportion of females from this sample is within .03 of the population proportion? |
excel formulae are in bold:
std error of proportion=σp=√(p*(1-p)/n)=0.0648 |
a)
probability that the proportion of females from this sample is at most 0.25:
=norm.dist(0.25,0.3,0.0648,true)=0.2202 |
b)
probability that the proportion of females from this sample is between 0.22 and 0.28:
=norm.dist(0.28,0.3,0.0648,true)-norm.dist(0.22,0.3,0.0648,true)=0.2703 |
c)
probability that the proportion of females from this sample is within .03 of the population proportion:
=norm.dist(0.33,0.3,0.0648,true)-norm.dist(0.27,0.3,0.0648,true)=0.3566 |
Get Answers For Free
Most questions answered within 1 hours.