Greeks bucked a global trend in which people in most countries expect their lives in five years to be better than their current lives. Even among those countries with much lower current life ratings, greater optimism was found because people cannot fathom their lives getting worse. But in Greece, only 25% expect their lives to be better in five years. In a simple random sample of 1100 Greek citizens, what is the probability that less than 23 percent of the sample expect their lives to be better in five years?
Answer:
Given that:
Even among those countries with much lower current life ratings, greater optimism was found because people cannot fathom their lives getting worse. But in Greece, only 25% expect their lives to be better in five years. In a simple random sample of 1100 Greek citizens
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Standard deviation
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