Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. a food marketing institute found that 30% of house

A Food Marketing Institute found that 30% of households spend more than $125 a week...

90.2K

Verified Solution

Question

Basic Math

image

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 481 households is selected from the population. What is the probability that the sample proportion of households spending more than $125 a week is less than 0.31?

Answer & Explanation Solved by verified expert
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

Q

Why is the rat a good model for the study of human anatomy and physiology? Are...

Medical Sciences
Q

The following arrangement consists of five identical metal plates marked 1 2 3 4 and...

Physics
Q

8 The part of a voltaic cell that allows ions to move between half cells...

Basic Math
Q

The value halfway between the lowest and highest values in a set of data is...

Basic Math
Q

In a physiology class, a student mist dissect three different specimens. The student can select...

Basic Math
Q

Differentiate f x f x 6w w 3 2 W ax b CX d co...

Calculus
Q

Bank overdrafts will require a journal entry at the end of the year to record...

Accounting
Q

Candy purchases a new guitar costing $5,500. She put down 15% and finance the rest...

Accounting
Q

Calculating unit cost; units gained in production A company manufactures a liquid product called Glitter....

Accounting
Q

Technical Engineering presently leases a copying machine on a monthly basis. The lease agreement requires...

Accounting
Q

Sherri wanted reasonable and feasible goals for her first year. As a minimum, she did...

Accounting
Q

A company borrowed $30,000 by signing a 120-day promissory note at 8%. The total interest...

Accounting