Assume that 20.5% of all cars in South Africa are silver in colour. Let P be the sample proportion of silver cars in a r
Posted: Sun Oct 03, 2021 3:38 pm
Assume that 20.5% of all cars in South Africa are silver in colour. Let P be the sample proportion of silver cars in a random sample of 1000 cars. (a) Find the mean and standard deviation of p. (6) (b) What is the probability that the sample proportion is more than 25%? (6) (c) What is the probability that the sample proportion is within 1% of the true population pro- portion? (8) [20]