4 point QUESTION 8 The general manager of a logistic consulting group believes that 28% of...
Based on historical data, your manager believes that 28% of the company's orders come from first-time customers. A random sample of 157 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is between 0.27 and 0.47? Answer =______ (Enter your answer as a number accurate to 4 decimal places.)
The president of Doerman Distributors, Inc., believes that 28% of the firm's orders come from first-time customers. A simple random sample of 100 orders will be used to estimate the proportion of first-time customers. Use z-table. What is the probability that the sample proportion will be between 0.16 and 0.40 (to 4 decimals)? What is the probability that the sample proportion will be between 0.21 and 0.35 (to 4 decimals)?
1 . The president of Doerman Distribution, Inc. believes that 30% of the firm's orders come from first-time customers. A simple random sample of 100 orders will be used to estimate the proportion of first-time customers. a. Assume that the president is correct and p-0.3. What is the sampling distribution of p for this study? b. What is the probability that the sample proportion p will be between 0.2 and 0.4? c. What is the probability that the sample proportion...
The president of Doerman Distributors, Inc., believes that 31% of the firm's orders come from first-time customers. A simple random sample of 100 orders will be used to estimate the proportion of first-time customers. User-table a. Assume that the president is correct and p = 0.31. What is the sampling distribution of p for this study Select b. What is the probability that the sample proportion will be between .22 and 40 (to 4 decimals)? c. What is the probability...
Based on historical data, your manager believes that 45% of the company's orders come from first-time customers. A random sample of 70 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is between 0.24 and 0.48? Answer = (Enter your answer as a number accurate to 4 decimal places.)
Based on historical data, your manager believes that 31% of the company's orders come from first-time customers. A random sample of 103 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is less than 0.32? Answer = (Enter your answer as a number accurate to 4 decimal places.)
Based on historical data, your manager believes that 35% of the company's orders come from first-time customers. A random sample of 161 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is greater than than 0.19? Answer = (Enter your answer as a number accurate to 4 decimal places.)
You may need to use the appropriate appendix table or technology to answer this question The president of Doerman Distributors, Inc., believes that 35% of the firm's orders come from first-time customers. A random sample of 200 orders will be used to estimate the proportion of first-time customers. (a) Assume that the president is correct and p 0.35. What is the sampling distribution of p for n 200? (Round your answer for o to four decimal places.) , approximating the...
Based on historical data, your manager believes that 27% of the company's orders come from first-time customers. A random sample of 164 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is less than 0.282 Answer - (Enter your answer as a number accurate to 4 decimal places.) Question Help: D Post to forum Submit Question
Based on historical data, your manager believes that 32% of the company's orders come from first-time customers. A random sample of 115 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is greater than than 0.41? Note: You should carefully round any z-values you calculate to 4 decimal places to match wamap's approach and calculations.