A Food Marketing Institute found that 30% of households spend more than $125 a week on groceries. Assume the population proportion is 0.3 and a simple random sample of 155 households is selected from...


A Food Marketing Institute found that 30% of households spend more than $125 a week on<br>groceries. Assume the population proportion is 0.3 and a simple random sample of 155 households<br>is selected from the population. What is the probability that the sample proportion of households<br>spending more than $125 a week is between 0.21 and 0.4?<br>Note: You should carefully round any z-values you calculate to 4 decimal places to match wamap's<br>approach and calculations.<br>Answer =<br>(Enter your answer as a number accurate to 4 decimal places.)<br>

Extracted text: A Food Marketing Institute found that 30% of households spend more than $125 a week on groceries. Assume the population proportion is 0.3 and a simple random sample of 155 households is selected from the population. What is the probability that the sample proportion of households spending more than $125 a week is between 0.21 and 0.4? Note: You should carefully round any z-values you calculate to 4 decimal places to match wamap's approach and calculations. Answer = (Enter your answer as a number accurate to 4 decimal places.)

Jun 03, 2022
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