Mathematics, 01.07.2021 18:20 xDANTEx2456

The manager of a donut store believes that 35% of the customers are first-time customers. A random sample of 150 customers will be used to estimate the proportion of first-time customers. Assuming this belief is correct, what is the probability that the sample proportion will be between 0.2 and 0.4

Answers: 1

Show answers

Answers

Answer from: annette211pdd8v9

0.8996 = 89.96% probability that the sample proportion will be between 0.2 and 0.4

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean $\mu$ and standard deviation $\sigma$ , the z-score of a measure X is given by:

$Z = \frac{X - \mu}{\sigma}$

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean $\mu$ and standard deviation $\sigma$ , the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean $\mu$ and standard deviation $s = \frac{\sigma}{\sqrt{n}}$ .

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

For a proportion p in a sample of size n, the sampling distribution of the sample proportion will be approximately normal with mean $\mu = p$ and standard deviation $s = \sqrt{\frac{p(1-p)}{n}}$

The manager of a donut store believes that 35% of the customers are first-time customers.

This means that p = 0.35

Sample of 150 customers

This means that n = 150

Mean and standard deviation:

$\mu = p = 0.35$

$s = \sqrt{\frac{p(1-p)}{n}} = \sqrt{\frac{0.35*0.65}{150}} = 0.0389$

What is the probability that the sample proportion will be between 0.2 and 0.4?

p-value of Z when X = 0.4 subtracted by the p-value of Z when X = 0.2.

X = 0.4

$Z = \frac{X - \mu}{\sigma}$

By the Central Limit Theorem

$Z = \frac{X - \mu}{s}$

$Z = \frac{0.4 - 0.35}{0.0389}$

Z = 1.28

Z = 1.28 has a p-value of 0.8997

X = 0.2

$Z = \frac{X - \mu}{s}$

$Z = \frac{0.2 - 0.35}{0.0389}$

Z = -3.85

Z = -3.85 has a p-value of 0.0001

0.8997 - 0.0001 = 0.8996

0.8996 = 89.96% probability that the sample proportion will be between 0.2 and 0.4

Answer from: Quest

step-by-step explanation:

hello and welcome!

so, when we see the words "proportional" along with a table, we need to know that we're looking numbers that divide by the same thing.

looking at this table, we simply have to do a trial and error, and divide to see which numbers have the same quotient. if you look at choice a & c, they both have equal quotients for three of the numbers, with one exception, so those can't be the answer. looking at b, there is no similarity, so that can't be it. then, we see d; if you divide all the numbers in the table, you'll see that they all divide by two, which is a proportional relationship, and our answer!

$4/2 = 2\\7/3.5=2\\8/4=2\\10/5=2$

also, always remember that the x will always be the number that goes into y, and somewhere behind this table, is a formula. for this specific table, the formula would be:

$y=\frac{x}{2}$

since our x-value is being divided by two to get the y-value. and if they were to ask for more numbers in the series, this is the formula you would use to find them.

Answer from: Quest

hello from mrbilldoesmath!

answer:

the domain is the set { -2, 0, 2, 3}

discussion:

the domain is the set of x values in the ordered pairs (x,y). taking the x, or first component, of each ordered pair gives -2, 0, 2, 3.

you,

mrb