According to a study conducted by a statistical organization, the proportion of people who are satisfied with the way things are going in their lives is 0.84. Suppose that a random sample of 100 people is obtained. Complete parts (a) and (b) below.
(a) What is the probability that the proportion who are satisfied with the way things are going in their life exceeds 0.88?
The probability that the proportion who are satisfied with the way things are going in their life exceeds 0.88 is ___.
(Round to four decimal places as needed.)
(b) Would it be unusual for a survey of 100 people to reveal that 77 or fewer people in the sample are satisfied with their lives?
The probability that 77 or fewer people in the sample are satisfied is ___, which_ _(is not/is)__unusual because this probability __(is not/is)__ less than ___(5/ 0.05/ 50/ 0.5)___
(Round to four decimal places as needed.)
a)
P( < p) = P(Z < ( - p) / sqrt [ p ( 1 - p) / n ]
So,
P( > 0.88) = P(Z > (0.88 - 0.84) / sqrt [ 0.84 ( 1 - 0.84) / 100 ] )
= P(Z > 1.09)
= 0.1379
b)
Mean = np = 100 * 0.84 = 84
Standard deviation = sqrt [ n p ( 1 - p) ] = sqrt [ 100 * 0.84 ( 1 - 0.84) ] = 3.6661
Using normal approximation,
P(X < x) = P(Z < ( x - mean) / SD )
With continuity correction,
P(X <= 77) = P(X < 77.5)
P ( ( X < 77.5 ) = P ( Z < 77.5 - 84 ) / 3.6661 )
= P ( Z < -1.77 )
P ( X < 77.5 ) = 0.0384
The probability that 77 or fewer people in the sample are satisfied is 0.0384 is unusual
because this probability is less than 0.05
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