Given a population where the probability of success is p=0.35 calculate the probabilities below if a sample of 600 is taken.
a. |
Calculate the probability the proportion of successes in the sample will be less than 0.36? |
b. |
What is the probability the proportion of successes in the sample will be greater than 0.38? |
(Round to four decimal places as needed.)
Solution :
Given that ,
p = 0.35
1 - p = 0.65
n = 600
= p = 0.35
= (p*(1-p))/n = (0.35*0.65)/600 = 0.01947
a)
P( <0.36 ) = P(( - ) / < (0.36 - 0.35) / 0.01947)
= P(z < -0.513)
= 0.6960
Probability = 0.6960
b)
P( > 0.38) = 1 - P( < 0.38)
= 1 - P(( - ) / < (0.38-0.35) /0.01947 )
= 1 - P(z < 1.54)
= 1 - 0.9382
= 0.0618
Probability = 0.0618
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