A researcher believes that 8% of pet dogs in Europe are Labradors.
If the researcher is right, what is the probability that the proportion of Labradors in a sample of 503 pet dogs would be greater than 11%? Round your answer to four decimal places.
Solution:
We are given
Population proportion = p = 0.08
So, q = 1 – p = 1 – 0.08 = 0.92
Sample size = n = 503
Sample proportion = P = 0.11
We have to find P(P>0.11)
P(P>0.11) = 1 – P(P<0.11)
Z = (P – p)/sqrt(pq/n)
Z = (0.11 – 0.08)/sqrt(0.08*0.92/503)
Z = 0.03/ 0.012096
Z = 2.480159
P(Z<2.480159) = P(P<0.11) = 0.993434
(by using z-table/excel)
P(P>0.11) = 1 – P(P<0.11)
P(P>0.11) = 1 – 0.993434
P(P>0.11) = 0.006566
Required probability = 0.0066
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