Please help, I need to be able to understand the steps for the following problem: Based on historical data, your manager
Posted: Sun Jul 10, 2022 10:21 am
Please help, I need to be able to understand the steps for thefollowing problem:
Based on historical data, your manager believes that 38% of thecompany's orders come from first-time customers. A random sample of122 orders will be used to estimate the proportion offirst-time-customers. What is the probability that the sampleproportion is between 0.26 and 0.4?
Based on historical data, your manager believes that 38% of thecompany's orders come from first-time customers. A random sample of122 orders will be used to estimate the proportion offirst-time-customers. What is the probability that the sampleproportion is between 0.26 and 0.4?