Random samples of size n = 80 were selected from a binomial population with p = 0.3. Use the normal distribution to approximate the following probability. (Round your answer to four decimal places.)
P(p̂ > 0.28) =
Solution
Given that,
p = 0.3
1 - p = 1 - 0.3 = 0.7
n = 80
= p = 0.3
= [p( 1 - p ) / n] = [(0.3 * 0.7) / 80 ] = 0.0512
P( > 0.28) = 1 - P( < 0.28 )
= 1 - P(( - ) / < (0.28 - 0.3) / 0.0512)
= 1 - P(z < -0.39)
Using z table
= 1 - 0.3483
= 0.6517
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