A poll shows that Presidential approval rating is 42% for the population. If 275 people are surveyed, what is the probability that over 50% approve of the President?
Write the probability question in terms of the random variable, in terms of z, and round off the probability to 4 decimal places.
Solution
Given that,
p = 0.42
1 - p = 1-0.42=0.58
n = 275
= p =0.42
= [p( 1 - p ) / n] = [(0.42*0.58) /275 ] = 0.0298
P( >0.50 ) = 1 - P( < 0.50)
= 1 - P(( - ) / < (0.50 -0.42) / 0.0298)
= 1 - P(z <2.68 )
Using z table
= 1 -0.9963
=0.0037
probability=0.0037
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