A hotel manager believes that 23% of the hotel rooms are booked. If the manager is right, what is the probability that the proportion of rooms booked in a sample of 610 rooms would differ from the population proportion by less than 3%

0.9216 = 92.16% probability that the proportion of rooms booked in a sample of 610 rooms would differ from the population proportion by less than 3%

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean and standard deviation , the z-score of a measure X is given by:

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean and standard deviation , the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean and standard deviation .

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

For a proportion p in a sample of size n, the sampling distribution of the sample proportion will be approximately normal with mean and standard deviation

A hotel manager believes that 23% of the hotel rooms are booked.

This means that

Sample of 610 rooms

This means that

Mean and standard deviation:

What is the probability that the proportion of rooms booked in a sample of 610 rooms would differ from the population proportion by less than 3%?

p-value of Z when X = 0.23 + 0.03 = 0.26 subtracted by the p-value of Z when X = 0.23 - 0.03 = 0.2. So

X = 0.26

By the Central Limit Theorem

has a p-value of 0.9608

X = 0.2

has a p-value of 0.0392

0.9608 - 0.0392 = 0.9216

0.9216 = 92.16% probability that the proportion of rooms booked in a sample of 610 rooms would differ from the population proportion by less than 3%

step-by-step explanation:

let

we know that

the y-intercept is the y-coordinate of the point when the value of x is equal to zero

so

the y-coordinate of the point a is the y-intercept

the answer part a) is

the value of y-intercept is

part b) find the slope m

we know that

the value of the slope is equal to

substitute the values

therefore

the answer part b) is

the value of the slope is equal to

the general answer is

the slope is

the value of y-intercept is

1/8 3/16 3/4

step-by-step explanation:

you put them as all the same denominator and multiply