In: Statistics and Probability
If I am sampling from a Population that has P=.6 and my sample size is 400. Find the following probabilities. 3 points each, 3 decimal places
A. P(pത < .56) = __________
B. P(pത > .63) = _____________
C. P(.58 < pത < .62) = _____________
GIVEN:
Population proportion
Sample size
FORMULA USED:
We convert the sample proportion
into
the standard score
to calculate the
probability. The formula for standard score is given by,
CALCULATION:
(A) PROBABILITY THAT SAMPLE
PROPORTION IS LESS THAN 0.56
:
The probability that the sample proportion is less than 0.56 is,
Using the z table, the probability value is the value with corresponding row -1.6 and column 0.03.
Thus the probability that
the sample proportion is less than 0.56 is .
(B) PROBABILITY THAT SAMPLE PROPORTION IS
MORE THAN 0.56
:
The probability that the sample proportion is more than 0.63 is,
{Since
}
Using the z table, the probability value is the value with corresponding row 1.2 and column 0.02.
Thus the probability that
the sample proportion is more than 0.63 is .
(C) PROBABILITY THAT SAMPLE PROPORTION
LIES BETWEEN 0.58 AND 0.62
:
The probability that the sample proportion lies between 0.58 and 0.62 is,
{Since
}
Using the z table, the first probability value is the value with corresponding row 0.8 and column 0.02 and the second probability value is the value with corresponding row -0.8 and column 0.02
Thus the probability that
the sample proportion lies between 0.58 and 0.62 is .