A sample of 33 observations taken from an infinite population. The population proportion is .06, what is the probability that the sample proportion will be less than .1?
Using central limit theorem,
P( - p ) = P( Z < - p / sqrt(p( 1 - p) / n)
So,
P( < 0.10) = P( Z < 0.10 - 0.06 / sqrt( 0.06 * 0.94 / 33) )
= P( Z < 0.9676)
= 0.8334 (From Z table)
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