In: Statistics and Probability
A researcher believes that 8% of pet dogs in Europe are Labradors. If the researcher is right, what is the probability that the proportion of Labradors in a sample of 594 pet dogs would differ from the population proportion by greater than 3%? Round your answer to four decimal places.
Solution
Given that,
p = 0.08
1 - p = 1 0.08 = 0.92
n = 594
= p = 0.08
= p ( 1 - p ) / n
= (0.08 * 0.92) / 594 = 0.01113
1 - P(0.05 < < 0.11) = 1 - P( (0.05 - 0.08) / 0.01113 < ( - ) / < (0.11 - 0.08) / 0.01113)
= 1 - P(-2.695 < z < 2.695)
= 1 - [P(z < 2.695) - P(z < -2.695)]
= 1 - [0.9965 - 0.0035]
= 1 - 0.993
= 0.0070
Probability = 0.0070