Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. tom marley and jennifer griggs have recently start

Tom Marley and Jennifer Griggs have recently started a marketing research firm in Jacksonville, Florida. They...

70.2K

Verified Solution

Question

Basic Math

Tom Marley and Jennifer Griggs have recently started a marketingresearch firm in Jacksonville, Florida. They have contacted theFlorida Democratic Party with a proposal to do all politicalpolling for the party. Since they have just started their company,the state party chairman is reluctant to sign a contract withoutsome test of their accuracy. He has asked them to do a trial pollin a central Florida county known to have 60% registered DemocraticParty voters. The poll itself had many questions. However, for thetest of accuracy, only the proportion of registered Democrats wasconsidered. Tom and Jennifer report back that from a random sampleof 1000 respondents, 520 were registered Democrats.

  1. Determine the probability that such a random sample would resultin 520 or fewer Democrats in the sample.

  2. Based on your calculations in part a, would you recommend thatthe Florida Democratic Party (or anyone else for that matter)contract with the Marley/Griggs marketing research firm? Explainyour answer.

Answer & Explanation Solved by verified expert
3.6 Ratings (645 Votes)
p 060n 1000    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

Q

The monthly cost of owning a car depends on the number of kilometers it is driver....

Advance Math
Q

Describe two ways in which proteins with RNA Recognition Motifs recognize their corresponding RNAs.

Biology
Q

Use the following passage to answer the next three questions.It has been hypothesized that people...

Biology
Q

Give the first 5 values found using Newton s Method with the given function and...

Basic Math
Q

If the length of a sea turtle isdirectly proportional to its age,and a 2-year old...

Basic Math
Q

Solve each system by substitution 7 y 2x 16x 30 9 8 7 6 5...

Algebra
Q

Not yet answered Marked out of 1 50 4 Find Ay reaction A O a...

Algebra
Q

David, your staff auditor, is performing the analysis...

Accounting
Q

Required information Problem 10-71 (LO 10-4) (Algo) [The following information applies to the questions displayed...

Accounting
Q

Please help solve EXERCISE 13-7 Prepare a Statement of...

Accounting
Q

Mohave Corporation is considering outsourcing production of the umbrella tote bag included with some of...

Accounting
Q

3) Sundown Products had the following Stockholder's Equity section in its December 31, 2007 balance...

Accounting