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Suppose a simple random sample of size 150 is obtained from a population whose size is N15.000 and whose population proportio
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Answer #1

Here, n=150, N=15,000 and p=0.4

(a) Here

\frac{n}{N}=\frac{150}{15000}=0.01<0.05

n<0.05N

And np(1-p)=150\times 0.4\times (1-0.4)=150\times 0.4\times 0.6=36>10

option (A) is correct answer.

i.e, Approximately normal because n< 0.05N and np(1-p) > 10

The mean and standard deviation of \hat{p} is given by,

The mean is,

\mu_{\hat{p}}=p=0.4

The standard deviation is

\sigma_{\hat{p}}=\sqrt{\frac{p(1-p)}{n}}=\sqrt{\frac{0.4\times (1-0.4)}{150}}=\sqrt{\frac{0.4\times 0.6}{150}}=0.04

So, the distribution of sample proportion is given by,

\hat{p}\sim N(0.4,0.04)

(b) We need to find P(\hat{p}\geq 0.44)

Solution::

P(\hat{p}\geq 0.44)

=P\left ( \frac{\hat{p}-0.4}{0.04}\geq \frac{0.44-0.4}{0.04} \right )

=P(Z\geq 1)

=1-P(Z<1)

=1-0.8413447

=0.1586553

\simeq 0.1587[ round to four decimal place]

The probability is 0.1587

(c) We need to find P(\hat{p}\leq 0.32)

Solution::

P(\hat{p}\leq 0.32)

=P\left ( \frac{\hat{p}-0.4}{0.04}\leq \frac{0.32-0.4}{0.04} \right )

=P(Z\leq -2)

=1-P(Z\leq 2)

=1-0.9772499

=0.0227501

\simeq 0.0228[ round to four decimal place]

The probability is 0.0228

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