Question

A golf club company is deciding whether or not to introduce a new club so they...

A golf club company is deciding whether or not to introduce a new club so they are interested in the proportion of golfers who currently use their brand. The company draws a random sample of 150 golfers. Suppose the true proportion of all golfers who use the company’s clubs is 30%. What is the probability that the sample proportion of golfers is less than 0.35?

Homework Answers

Answer #1

Solution :

Given that ,

p = 0.30

1 - p = 0.70

n = 150

= p = 0.30

= (p*(1-p))/n =  (0.30*0.70)/ 150= 0.03742

P( <0.35 ) = P(( - ) / < (0.35 - 0.30) / 0.03742)

= P(z < 1.34) using z-table

= 0.9099

The probability that the sample proportion of golfers is less than 0.35 is 0.9099.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A club professional at a major golf course claims that the course is so tough that...
A club professional at a major golf course claims that the course is so tough that the median score is greater than 75. The scores from a random sample of 20 professional golfers are listed below. Test the club professionalȇs claim. Use a= 0.05. 74 72 75 75 78 77 69 81 75 80 72 74 76 76 83 81 75 77 78 68  
It is commonly known that approximately 10% of the population is left-handed. Nike Golf would like...
It is commonly known that approximately 10% of the population is left-handed. Nike Golf would like to estimate the proportion of left-handed golfers in order to plan the schedule of golf club production. Assume Nike collected a sample of 200 golfers. What is the probability that more than 12% of the golfers in the sample are left-handed? What is the probability that less than 14% of the golfers in the sample are left-handed? What is the probability that between 6%...
A certain golf club manufacturer advertises that its new driver (the club you use to hit...
A certain golf club manufacturer advertises that its new driver (the club you use to hit golf balls off the tee) will increase the distance that golfers achieve relative to their current driver. We decide to test this claim by having 15 golfers hit a drive using the new driver, and then hit one using their current driver. Here are the data for 15 people, with yardages using both clubs: 1 2 3 4 5 6 7 8 9 10...
PLEASE DO NOT HANDWRITE A certain golf club manufacturer advertises that its new driver (the club...
PLEASE DO NOT HANDWRITE A certain golf club manufacturer advertises that its new driver (the club you use to hit golf balls off the tee) will increase the distance that golfers achieve relative to their current driver. We decide to test this claim by having 15 golfers hit a drive using the new driver, and then hit one using their current driver. Here are the data for 15 people, with yardages using both clubs: 1 2 3 4 5 6...
Fincal Inc. manufactures financial calculators. The company is deciding whether to introduce a new calculator. This...
Fincal Inc. manufactures financial calculators. The company is deciding whether to introduce a new calculator. This calculator will sell for $120. The company feels that sales will be 13,000, 13,000, 14,000, 14,000, 15,000 and 12,500 units per year for the next 6 years. Variable costs will be 30% of sales, and fixed costs are $200,000 per year. The firm hired a marketing team to analyze the viability of the product and the marketing analysis cost $2,000,000. The company plans to...
ABCD Inc. manufactures financial calculators. The company is deciding whether to introduce a new calculator. This...
ABCD Inc. manufactures financial calculators. The company is deciding whether to introduce a new calculator. This calculator will sell for $100. The company feels that sales will be 12,500, 13,000, 14,000, 13,200, and 12,500 units per year for the next 5 years. Variable costs will be 25% of sales, and fixed costs are $300,000 per year. The firm hired a marketing team to analyze the viability of the product and the marketing analysis cost $1,500,000. The company plans to use...
Imagine your company is deciding whether they should sell a new product, but you first need...
Imagine your company is deciding whether they should sell a new product, but you first need to make sure that the public will be interested in it. You decide that you will release it nationwide if 35% of the people “like it enough to buy it.” You conduct a random sample of 400 consumers and discover that just 112 respondents said they liked it enough to buy it. Testing at the 95% significance level, can you conclude whether you should...
Golf-course designers have become concerned that old courses are becoming obsolete since new technology has given...
Golf-course designers have become concerned that old courses are becoming obsolete since new technology has given golfers the ability to hit the ball so far. Designers, therefore, have proposed that new golf courses need to be built expecting that the average golfer can hit the ball more than 240 yards on average. Suppose a random sample of 113 golfers be chosen so that their mean driving distance is 237.6 yards. The population standard deviation is 41.8. Use a 5% significance...
.1) How large a sample must one take to be 90% confident that the estimate is...
.1) How large a sample must one take to be 90% confident that the estimate is within 5% of the true      proportion of women over 55 who are widows?  A recent study indicated that 29% of the 100 women      over 55 in the study were widows. 8.  As a manufacturer of golf equipment, the Spalding Corporation wants to estimate the proportion of      golfers who are left-handed.  (The company can use this information in planning for the number of      right-handed and left-handed sets of...
A golf club currently has 350 members that pay annual dues to play golf on the...
A golf club currently has 350 members that pay annual dues to play golf on the course. Historical records show that 39​% of the members use the course at least once a week during the summer season. To verify​ this, a random sample of 100 members was selected. Complete parts a through d below. a. Calculate the standard error of the proportion. ​(Round to four decimal places as​ needed.) b. What is the probability that 32 or more members from...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT