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MGS*2150*W07 final- Requires Respondus LockDown Browser

Single choice

A sample of 51 observations will be taken from an infinite population. The population proportion equals .85. The probability that the sample proportion will be between .9115 and .9645 is _____.

Options
A..0983
B.None of the other three
C..8633
D..0819
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Step-by-Step Analysis
We begin by restating the problem to ensure clarity: a sample of 51 observations is drawn from an infinite population with population proportion p = 0.85. We want the probability that the sample proportion p̂ falls between 0.9115 and 0.9645. The standard approach is to treat p̂ as approximately normal with mean μ = p and standard deviation σ = sqrt[p(1−p)/n]. Here, p = 0.85 and n = 51. First, compute the standard deviation: p(1−p) = 0.85 × 0.15 = 0.1275. Divide by n: 0.1275 / 51 = 0.0025. The standard deviation is the square root of this variance, so σ = sqr......Login to view full explanation

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