supposed 57% of the population has a retirement account. if a random samples of size 421...

80.2K

Verified Solution

Question

Statistics

supposed 57% of the population has a retirement account. if arandom samples of size 421 is selected, what is the probabilitythat the proportion of persons with a retirement account willdiffer from the population proportion by less than 4%? Round youranswer to four decimal places

Answer & Explanation Solved by verified expert
4.4 Ratings (945 Votes)
SolutionWe are given that 57 of the population has a retirementaccount Therefore we haveIt is required to    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