In: Statistics and Probability
I ONLY NEED PART D Thank you
A global research study found that the majority of today's working women would prefer a better work-life balance to an increased salary. One of the most important contributors to work-life balance identified by the survey was "flexibility," with 45% of women saying that having a flexible work schedule is either very important or extremely important to their career success. Suppose you select a sample of 100 working women. Answer parts (a) through (d).
a. What is the probability that in the sample fewer than 53% say that having a flexible work schedule is either very important or extremely important to their career success?
. 9463
(Round to four decimal places as needed.)b. What is the probability that in the sample between 41% and 53% say that having a flexible work schedule is either very important or extremely important to their career success?
. 7344
(Round to four decimal places as needed.)c. What is the probability that in the sample more than 47% say that having a flexible work schedule is either very important or extremely important to their career success?
. 3446
PART D. (Round to four decimal places as needed.)d. If a sample of 400 is taken, how does this change your answers to (a) through (c)?The probability that in the sample fewer than 53% say that having a flexible work schedule is either very important or extremely important to their career success is ____
The probability that in the sample between 41% and 53% say that having a flexible work schedule is either very important or extremely important to their career success is ____
The probability that in the sample more than 47% say that having a flexible work schedule is either very important or extremely important to their career success is ____
a)
Here, μ = 0.45, σ = 0.0249 and x = 0.53. We need to compute P(X
<= 0.53). The corresponding z-value is calculated using Central
Limit Theorem
z = (x - μ)/σ
z = (0.53 - 0.45)/0.0249 = 3.21
Therefore,
P(X <= 0.53) = P(z <= (0.53 - 0.45)/0.0249)
= P(z <= 3.21)
= 0.9993
b)
Here, μ = 0.45, σ = 0.0249, x1 = 0.41 and x2 = 0.53. We need to
compute P(0.41<= X <= 0.53). The corresponding z-value is
calculated using Central Limit Theorem
z = (x - μ)/σ
z1 = (0.41 - 0.45)/0.0249 = -1.61
z2 = (0.53 - 0.45)/0.0249 = 3.21
Therefore, we get
P(0.41 <= X <= 0.53) = P((0.53 - 0.45)/0.0249) <= z <=
(0.53 - 0.45)/0.0249)
= P(-1.61 <= z <= 3.21) = P(z <= 3.21) - P(z <=
-1.61)
= 0.9993 - 0.0537
= 0.9456
c)
Here, μ = 0.45, σ = 0.0249 and x = 0.47. We need to compute P(X >= 0.47). The corresponding z-value is calculated using Central Limit Theorem
z = (x - μ)/σ
z = (0.47 - 0.45)/0.0249 = 0.8
Therefore,
P(X >= 0.47) = P(z <= (0.47 - 0.45)/0.0249)
= P(z >= 0.8)
= 1 - 0.7881 = 0.2119