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In: Statistics and Probability

This problem involves normalizing a sample proportion. 6.    Past data has shown that 20% of all...

This problem involves normalizing a sample proportion.

6.    Past data has shown that 20% of all students graduating from XYZ University go on to do post-graduate work. A random sample of 700 students was taken frorn the university population.

  1. Find the probability that the sample proportion of students going on to do postgraduate work is greater than 24%. (Hint: Note that 20% is the population proportion, and 24% is the sample proportion.)
  2. State the numerical value of the standard error of the proportion.

This problem involves a test in which two independent populations are involved and the population standard deviations are known.

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