Estimate the proportion of people


A fast food center wishes to estimate the proportion of people in its city that will buy its products. Suppose the true proportion is 0.05

If 394 people are sampled, what is the probability that the sample proportion will be less than 0.08?

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Estimate the proportion of people
Reference No:- TGS0749417

Expected delivery within 24 Hours