In: Statistics and Probability
If a random sample of 100 items is taken from a population in which the proportion of items having a desired attribute is p=0.45, what is the probability that the proportion of successes in the sample will be less than or equal to 0.49
The probability will be ____
Solution:
Given that,
n = 100
=0.45
1 - = 1 -0.45,= 0.55
So,
= = 0.45
= ( 1 - ) / n
= 0.45 * 0.55 / 100
=0.0497
= 0.0497
Standard error = 0.0474
P ( 0.49 )
P ( - / ) ( 0.49 - 0.45 /0.0497 )
P ( z 0.04 /0.0497 )
P ( z 0.80 )
Using z table
= 0.7881
Probability = 0.7881