The chairman of a statistics department in a certain college believes that 70% of the department's graduate assistantships are given to international students. A random sample of 50 graduate assistants is taken. Assume that the chairman is correct and that = 0.70 . What is the probability that the sample proportion p will be within 0.05 of the population proportion?
0.5588
Business
You might also like to view...
The expenditure incurred for product-related advertising and promotion is an example of direct fixed costs
Indicate whether the statement is true or false
Business
______ is assessing an organization’s social return on investment along with environmental impact.
A. Blended value B. Financial ratio C. Comparison indicators D. Environmental impact statement
Business
A video résumé is thought to be useful for displaying soft skills
Indicate whether the statement is true or false.
Business
Unions respond relatively rapidly to wage increases during inflationary periods.
Answer the following statement true (T) or false (F)
Business