Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. 7. suppose that a particular brand of peanut butte

7. Suppose that a particular brand of peanut butter is in fact favored by 47% of...

80.2K

Verified Solution

Question

Statistics

7. Suppose that a particular brand of peanut butter is in factfavored by 47% of all moms. A consumer organization will take arandom sample of 200 moms from across the country and will use ˆp,the sample proportion, to estimate p, the actual proportion of momswho favor that peanut butter brand.

(a) Is it reasonable to assume that the sampling distribution ofˆp is approximately normal? Justify.

(b) Compute the mean and standard deviation of the ˆpdistribution. (Give your answer to four decimal places.)

(c) What is the approximate probability that the random samplewill produce a ˆp value greater than .5, causing the consumerorganization to incorrectly conclude that the majority of momsprefer this brand of peanut butter? (Give your answer to fourdecimal places.)

Answer & Explanation Solved by verified expert
4.2 Ratings (645 Votes)
SolutionGiven thatp 0471 p 1 047 053n 200a The    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

Business ethics means many different things to different people.If you are a manager with...

Physics
1.2K views

Question text For the electric flux density D⃗D→ =9 sin(450x) sin(500y) e2zax→ax→ + ln(2x) ( y+ 12 )-0.4 z2ay→ay→...

Biology
1.2K views

8 8 1 A neutral oxygen atom atomic number 8 has 8 electrons located in...

Physics
1.2K views

The potential of earth is zero because it is 1 unchanged 3 an object of...

Geometry
1.2K views

x If ALMN A XYZ which sta X A NL ZX

Geometry
1.2K views

Wy 3 Dilate line with a scale factor of 2 The image is line g...

Algebra
1.2K views

Consider the graph of the function shown at the right is h x Which of...

Accounting
1.2K views

Which of the following is not an application of accrual accounting? a.) Recording revenue at...

Accounting
1.2K views

Nguyen Corporation issued a S10,000,000, 6 percent bond on August 1, 2017. The market interest...

Accounting
1.2K views

During December, Global Crossing made a $682,000 credit sale. The state sales tax rate is...

Accounting
1.2K views

need nelp on homework inflows of $20,000 per year...

Accounting
1.2K views

Part B: AUGUST BUDGETS August demand is expected to be 900 cases at a...