Question

1. Based on historical data, your manager believes that 25% of the company's orders come from...

1. Based on historical data, your manager believes that 25% of the company's orders come from first-time customers. A random sample of 112 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is less than 0.27?

Answer =  (Enter your answer as a number accurate to 4 decimal places.)

2. Based on historical data, your manager believes that 40% of the company's orders come from first-time customers. A random sample of 190 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is between 0.21 and 0.34?

Answer =  (Enter your answer as a number accurate to 4 decimal places.)

3. According to a 2009 Reader's Digest article, people throw away about 9% of what they buy at the grocery store. Assume this is the true proportion and you plan to randomly survey 107 grocery shoppers to investigate their behavior. What is the probability that the sample proportion does not exceed 0.17?

Answer =  (Enter your answer as a number accurate to 4 decimal places.)

4. A Food Marketing Institute found that 30% of households spend more than $125 a week on groceries. Assume the population proportion is 0.3 and a simple random sample of 383 households is selected from the population. What is the probability that the sample proportion of households spending more than $125 a week is less than 0.29?

Answer =  (Enter your answer as a number accurate to 4 decimal places.)

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Based on historical data, your manager believes that 28% of the company's orders come from first-time...
Based on historical data, your manager believes that 28% of the company's orders come from first-time customers. A random sample of 154 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is greater than than 0.44? Answer = (Enter your answer as a number accurate to 4 decimal places.)
Based on historical data, your manager believes that 28% of the company's orders come from first-time...
Based on historical data, your manager believes that 28% of the company's orders come from first-time customers. A random sample of 175 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is greater than than 0.22? Answer =  (Enter your answer as a number accurate to 4 decimal places.)
Based on historical data, your manager believes that 38% of the company's orders come from first-time...
Based on historical data, your manager believes that 38% of the company's orders come from first-time customers. A random sample of 97 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is between 0.25 and 0.45? Answer = (Enter your answer as a number accurate to 4 decimal places.)
Based on historical data, your manager believes that 28% of the company's orders come from first-time...
Based on historical data, your manager believes that 28% of the company's orders come from first-time customers. A random sample of 139 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is between 0.28 and 0.44? Answer =  (Enter your answer as a number accurate to 4 decimal places.)
Based on historical data, your manager believes that 33% of the company's orders come from first-time...
Based on historical data, your manager believes that 33% of the company's orders come from first-time customers. A random sample of 245 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is between 0.22 and 0.39? (Enter your answer as a number accurate to 4 decimal places.)
Based on historical data, your manager believes that 27% of the company's orders come from first-time...
Based on historical data, your manager believes that 27% of the company's orders come from first-time customers. A random sample of 79 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is greater than than 0.3? 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.)
Based on historical data, your manager believes that 31% of the company's orders come from first-time...
Based on historical data, your manager believes that 31% of the company's orders come from first-time customers. A random sample of 128 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is less than 0.32? Note: You should carefully round any intermediate 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.)
Based on historical data, your manager believes that 32% of the company's orders come from first-time...
Based on historical data, your manager believes that 32% of the company's orders come from first-time customers. A random sample of 178 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is less than 0.29? 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.)
Based on historical data, your manager believes that 32% of the company's orders come from first-time...
Based on historical data, your manager believes that 32% of the company's orders come from first-time customers. A random sample of 178 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is less than 0.29? 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.)
1. Based on historical data, your manager believes that 34% of the company's orders come from...
1. Based on historical data, your manager believes that 34% of the company's orders come from first-time customers. A random sample of 91 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is greater than than 0.41? 2.  According to a 2009 Reader's Digest article, people throw away approximately 18% of what they buy at the grocery store. Assume this is the true proportion and you plan to randomly survey 84 grocery...