The president of Doerman Distributors, Inc., believes that 30% of the firm's orders come from first-time customers. A simple random sample of 100 orders will be used to estimate the proportion of...

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The president of Doerman Distributors, Inc., believes that 30% of the firm's orders come from first-time customers. A simple random sample of<br>100 orders will be used to estimate the proportion of first-time customers. Use z-table.<br>a. Assume that the president is correct and p = 0.3. What is the sampling distribution of p for this study?<br>Select your answer-<br>b. What is the probability that the sample proportion will be between 0.20 and 0.40 (to 4 decimals)?<br>c. What is the probability that the sample proportion will be between 0.25 and 0.35 (to 4 decimals)?<br>

Extracted text: The president of Doerman Distributors, Inc., believes that 30% of the firm's orders come from first-time customers. A simple random sample of 100 orders will be used to estimate the proportion of first-time customers. Use z-table. a. Assume that the president is correct and p = 0.3. What is the sampling distribution of p for this study? Select your answer- b. What is the probability that the sample proportion will be between 0.20 and 0.40 (to 4 decimals)? c. What is the probability that the sample proportion will be between 0.25 and 0.35 (to 4 decimals)?

Jun 08, 2022
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