In: Statistics and Probability
If a random sample of 125 items is taken from a population in which the proportion of items having a desired attribute is p = 0.16, what is the probability that the proportion of successes in the sample will be more than 0.2?
Solution
Given that,
p = 0.16
1 - p = 1-0.16=0.84
n = 125
= p =0.16
= [p( 1 - p ) / n] = [(0.16*0.84) / 125 ] = 0.0328
P( > 0.2) = 1 - P( <0.2)
= 1 - P(( - ) / < (0.2-0.16) / 0.0328)
= 1 - P(z <1.22 )
Using z table
= 1 -0.8888
=0.1112
probability=0.1112