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In: Statistics and Probability

Suppose a large shipment of stereos contained 3% defectives. If a sample of size 396 is...

Suppose a large shipment of stereos contained 3% defectives. If a sample of size 396 is selected, what is the probability that the sample proportion will be greater than 5%? Round your answer to four decimal places.

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Expert Solution

p = 0.03

n = 396

                           

                            = P(Z > 2.33)

                            = 1 - P(Z < 2.33)

                            = 1 - 0.9901

                            = 0.0099

orchestra answered 1 year ago
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