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.)
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