11. Random samples of size n = 80 were selected from a binomial population with p = 0.2. Use the normal distribution to approximate the following probability. (Round your answer to four decimal places.)
P(p̂ ≤ 0.26)
12. Random samples of size n = 80 were selected from a binomial population with p = 0.8. Use the normal distribution to approximate the following probability. (Round your answer to four decimal places.)
P(p̂ > 0.79)
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11.
n = 80
p = .20
P(p' <= .26) = ?
We know that when we have to approximate binomial to normal dist we have to use the following formulae to convert the parameters:
Mean = n*p = 80*.20 = 16
Stdev = sqrt(n*p*q) = sqrt(80*.2*.8) = 3.5777
Also, p^ becomes = n*p^ = 80*.26 = 20.8
Now, lets estimate
P(p^<=.26) = P(Z<= (20.8-16)/3.5777)
= P(Z<= .3416) = 0.6337 [Using Z tables to take this out]
Answer is 0.6337
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