In a recent year, the Better bureau settled 75% of
complaints they received. (source: USA Today, March 2, 2009). You
have been hired by the Bureau to investigate complaints this year
involving computer stores. You plan to select a random sample of
complaints to estimate the proportion of complaints the Bureau is
able to settle. Assume the population proportion of complains
settled for the computer stores is the 0.75, as mentioned above.
Suppose your sample size is 121. What is the population that the
sample proportion will be at least 3 percent more than the
population proportion?
Note: You should carefully round any z-values to calculate to at
least 4 decimal places to match wamap's approach and
calculations.
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