Question

The Food Marketing Institute shows that 15% of households spend more than $100 per week on...

The Food Marketing Institute shows that 15% of households spend more than $100 per week on groceries. Assume the population proportion is p = 0.15 and a sample of 700 households will be selected from the population. Use z-table.

  1. Calculate (), the standard error of the proportion of households spending more than $100 per week on groceries (to 4 decimals).
      
  2. What is the probability that the sample proportion will be within +/- 0.02 of the population proportion (to 4 decimals)?
      
  3. 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)?
Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The Food Marketing Institute shows that 15% of households spend more than $100 per week on...
The Food Marketing Institute shows that 15% of households spend more than $100 per week on groceries. Assume the population proportion is p = 0.15 and a sample of 800 households will be selected from the population. Use z-table. Calculate (), the standard error of the proportion of households spending more than $100 per week on groceries (to 4 decimals). What is the probability that the sample proportion will be within +/- 0.02 of the population proportion (to 4 decimals)?...
The Food Marketing Institute shows that 15% of households spend more than $100 per week on...
The Food Marketing Institute shows that 15% of households spend more than $100 per week on groceries. Assume the population proportion is p = 0.15 and a sample of 600 households will be selected from the population. Use z-table. Calculate (), the standard error of the proportion of households spending more than $100 per week on groceries (to 4 decimals). What is the probability that the sample proportion will be within +/- 0.02 of the population proportion (to 4 decimals)?...
The Food Marketing Institute shows that 18% of households spend more than $100 per week on...
The Food Marketing Institute shows that 18% of households spend more than $100 per week on groceries. Assume the population proportion is p = 0.18 and a sample of 700 households will be selected from the population. Use z-table. Calculate (), the standard error of the proportion of households spending more than $100 per week on groceries (to 4 decimals).    What is the probability that the sample proportion will be within +/- 0.03 of the population proportion (to 4...
The Food Marketing Institute shows that 15% of households spend more than $100 per week on...
The Food Marketing Institute shows that 15% of households spend more than $100 per week on groceries. Assume the population proportion is p = 0.15 and a sample of 800 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 (to 4 decimals)? What is the probability that the sample proportion will be within +/- 0.02 of the population proportion for a sample of...
The Food Marketing Institute shows that 15% of households spend more than $100 per week on...
The Food Marketing Institute shows that 15% of households spend more than $100 per week on groceries. Assume the population proportion is p = 0.15 and a sample of 800 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 1,800 households (to 4 decimals)?
The Food Marketing Institute shows that 16% of households spend more than $100 per week on...
The Food Marketing Institute shows that 16% of households spend more than $100 per week on groceries. Assume the population proportion is p = 0.16 and a sample of 600 households will be selected from the population. Use z-table. Calculate (), the standard error of the proportion of households spending more than $100 per week on groceries (to 4 decimals). What is the probability that the sample proportion will be within +/- 0.02 of the population proportion (to 4 decimals)?...
The Food Marketing Institute shows that 17% of households spend more than $100 per week on...
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)?
The Food Marketing Institute shows that 16% of households spend more than $100 per week on...
The Food Marketing Institute shows that 16% of households spend more than $100 per week on groceries. Assume the population proportion is p = 0.16 and a sample of 900 households will be selected from the population. Use z-table. Calculate (), the standard error of the proportion of households spending more than $100 per week on groceries (to 4 decimals). 0.0130 What is the probability that the sample proportion will be within +/- 0.03 of the population proportion (to 4...
The Food Marketing Institute shows that 17% of households spend more than $100 per week on...
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. A) Calculate the standard error of the proportion of households spending more than $100 per week on groceries (to 4 decimals). I got .0153 B) What is the probability that the sample proportion will be within +/- 0.03 of the population...
The Food Marketing Institute shows that 17% of households spend more than $100 per week on...
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. (b)What is the probability that the sample proportion will be within ±0.02 of the population proportion? (Round your answer to four decimal places.) .8064 (c)Answer part (b) for a sample of 1,200 households. (Round your answer to four decimal places.)
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT