, 31.03.2020 03:27 ronnie7898

# A recent study reported that 28% of the residents of a particular community lived in poverty. Suppose a random sample of 300 residents of this community is taken. We wish to determine the probability that 33% or more of our sample will be living in poverty. Complete parts (a) and (b) below. Before doing any calculations, determine whether this probability is greater than 50% or less than 50%. Why? The answer should be less than 50%, because the resulting z-score will be negative and the sampling distribution is approximately Normal. The answer should be greater than 50%, because 0.24 is greater than the population proportion of 0.20 and because the sampling distribution is approximately Normal. The answer should be less than 50%, because 0.24 is greater than the population proportion of 0.20 and because the sampling distribution is approximately Normal. The answer should be greater than 50%, because the resulting z-score will be positive and the sampling distribution is approximately Normal. Calculate the probability that 24% or more of the sample will be living in poverty. Assume the sample is collected in such a way that the conditions for using the CLT are met. P (p ge 0.24) = (Round to three decimal places as needed.)

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