A population proportion is 0.3. A sample of size 150 will be taken and the sample proportion will be used to estimate the population proportion. Use z-table. Round your answers to four decimal places.
a. What is the probability that the sample proportion will be within ±0.03 of the population proportion?
b. What is the probability that the sample proportion will be within ±0.05 of the population proportion?
Use excel command instead of the standard normal table this will save your time. Thank You!
Use Excel command =normsdist(0.80)
a) 0.5762
b) 0.8198
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