Mathematics, 25.12.2019 05:31 loanyst99111
The food marketing institute shows that 17% of households spend more than $100 per week on groceries. assume the population proportion is p = .17 and a simple random sample of 800 households will be selected from the population.
a. calculate σ(p), the standard error of the proportion of households spending more than $100 per week on groceries (to 4 decimals).
b. what is the probability that the sample proportion will be within +/- .02 of the population proportion (to 4 decimals)?
c. what is the probability that the sample proportion will be within +/- .02 of the population proportion for a sample of 1600 households (to 4 decimals)?
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The food marketing institute shows that 17% of households spend more than $100 per week on groceries...
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