Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. based on historical data, your team knows what pro

Based on historical data, your team knows what proportion of the company's orders come from Males...

80.2K

Verified Solution

Question

Statistics

Based on historical data, your team knows what proportion of thecompany's orders come from Males (and Females). However, your teamwould like to expand its sales so that men are more proportionatelyrepresented. By the end of this year, you think you would like yourtotal proportion of sales to males to be at least 0.45. If you tooka simple random sample of 57 current orders, what is theprobability that the sample proportion of male customers is greaterthan 0.45? Note: You should carefully round any intermediatecalculations to 4 decimal places to match wamap's approach andcalculations. Answer = Incorrect (Enter your answer as a numberaccurate to 4 decimal places.)

GendernMeanVarianceStd. dev.Std. err.MedianRangeMinMaxQ1Q3
Female1404110.2678812292.386110.871032.95892973.95796.684800.6832.755150.16
Male923108.9089812695.331112.673563.708695372.15868.454.04872.4931.62149.11

Answer & Explanation Solved by verified expert
3.9 Ratings (738 Votes)
Based on historical data your team knows what proportion of thecompanys orders come from Males and Females However your teamwould like to expand its sales so that men are more proportionatelyrepresented By    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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

At 700 K, CCl4 decomposes to carbon and chlorine. The Kp value for the decomposition is...

Chemistry
Q

Correction to earlier question: Via the Born Oppenheimer Approximation, How do you go about solving for...

Physics
Q

How have you seen intersectionality impact others? How does intersectionality impact your life?  

Psychology
Q

list electronic manufacturing processes with its applications.

Mechanical Engineering
Q

Select a discussion about a difficult topic you have heard about. Begin with a statement. Write...

Psychology
Q

Total and Lateral SA of Prisms and Cylinders 1 A cosmetics company that makes small...

Geometry
Q

Find the angle 0 (in radians) between the vectors. (Round your answer to two decimal...

Basic Math
Q

There are basically two distinct methods of calculating product costs. Compare and contrast the two...

Accounting
Q

Trey Monson starts a merchandising business on December 1 and enters into the following three...

Accounting
Q

A legal tiem wanted to determine the relationship between its monthly operating costs and a...

Accounting
Q

Periodic Inventory by Three Methods Pappa's Appliances uses the periodic inventory system. Details regarding the...

Accounting
Q

Question 1 On January 1, 2021, Marin Corp. had 484,000 shares of common stock outstanding....

Accounting