A bank analyzes customer adoption of its new mobile banking app. Historically, 45% of customers use online banking services. Use a normal distribution to approximate the probability that between 62 and 70 customers out of a sample of 100 will adopt the online banking service.
Table of contents
- 1. Introduction to Statistics53m
- 2. Describing Data with Tables and Graphs2h 1m
- 3. Describing Data Numerically2h 8m
- 4. Probability2h 26m
- 5. Binomial Distribution & Discrete Random Variables3h 28m
- 6. Normal Distribution & Continuous Random Variables2h 21m
- 7. Sampling Distributions & Confidence Intervals: Mean3h 37m
- Sampling Distribution of the Sample Mean and Central Limit Theorem19m
- Distribution of Sample Mean - Excel23m
- Introduction to Confidence Intervals22m
- Confidence Intervals for Population Mean1h 26m
- Determining the Minimum Sample Size Required12m
- Finding Probabilities and T Critical Values - Excel28m
- Confidence Intervals for Population Means - Excel25m
- 8. Sampling Distributions & Confidence Intervals: Proportion1h 33m
- 9. Hypothesis Testing for One Sample3h 32m
- 10. Hypothesis Testing for Two Samples4h 49m
- Two Proportions1h 12m
- Two Proportions Hypothesis Test - Excel28m
- Two Means - Unknown, Unequal Variance1h 2m
- Two Means - Unknown Variances Hypothesis Test - Excel12m
- Two Means - Unknown, Equal Variance15m
- Two Means - Unknown, Equal Variances Hypothesis Test - Excel9m
- Two Means - Known Variance12m
- Two Means - Sigma Known Hypothesis Test - Excel21m
- Two Means - Matched Pairs (Dependent Samples)42m
- Matched Pairs Hypothesis Test - Excel12m
- 11. Correlation1h 24m
- 12. Regression1h 59m
- 13. Chi-Square Tests & Goodness of Fit2h 31m
- 14. ANOVA2h 1m
8. Sampling Distributions & Confidence Intervals: Proportion
Sampling Distribution of Sample Proportion
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Join thousands of students who trust us to help them ace their exams!Watch the first videoMultiple Choice
A market research firm is studying customer satisfaction for a food delivery service. Based on past data, of customers rate the service as "satisfactory". The firm randomly surveys groups of 250 customers. Find the mean and standard deviation of the sampling distribution for . What would the shape of the sampling distribution be?
A
The sampling distribution is normal
B
μp^=0.85
σp^=0.0226
The sampling distribution is skewed
C
μp^=0.85
σp^=0.0226
The sampling distribution is normal
D
μp^=0.34
σp^=0.0300
The sampling distribution is skewed
Verified step by step guidance1
Identify the given probability of success (p) as 0.85, which represents the proportion of customers who rate the service as 'satisfactory'.
Determine the sample size (n), which is 250 customers in each surveyed group.
Calculate the mean of the sampling distribution of the sample proportion (μ_{p̂}) using the formula: μ_{p̂} = p. Substitute the given value of p to find μ_{p̂}.
Calculate the standard deviation of the sampling distribution of the sample proportion (σ_{p̂}) using the formula: σ_{p̂} = sqrt((p * (1 - p)) / n). Substitute the given values of p and n to find σ_{p̂}.
Determine the shape of the sampling distribution. Since the sample size is large and p is not too close to 0 or 1, the sampling distribution of the sample proportion will be approximately normal according to the Central Limit Theorem.
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Multiple Choice
Sampling Distribution of Sample Proportion practice set

