The Food Marketing Institute shows that 17% of households spend more than $100 per week on groceries. Assume the population proportion is p = 0.17 and a sample of 600 households will be selected from the population. Use z-table.
What is the probability that the sample proportion will be
within +/- 0.02 of the population proportion for a sample of 1,200
households (to 4 decimals)?
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