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A sample of 33 observations taken from an infinite population. The population proportion is .06, what...

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?

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Answer #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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