You may need to use the appropriate appendix table or technology to answer this question. Lori Jeffrey is a successful s
Posted: Mon Jul 11, 2022 11:24 am
question. Lori Jeffrey is a successful sales representative for a major publisher of college textbooks. Historically, Lori obtains a book adoption on 25% of her sales calls. Viewing her sales calls for one month as a sample of all possible sales calls, assume that a statistical analysis of the data yields a standard error of the proportion of 0.0625 (a) How large was the sample used in this analysis? That is, how many sales calls did Lord make during the month? (b) Leto indicate the sample proportion of book adoptions obtained during the month. Show the sampling distribution of p -0.125-0.0625 0 0,0625 0.125 0.125 0.1875 0.25 0.3125 0375 -0.0625 0 0.062 0.125 0.1875 -1.75 -0.75 0.25 1.25 2.25
-0.125-0.0625 0 0.0625 0.125 0.125 0.1875 0.25 0.3125 0.375 @x -0.0625 0 0.0625 0.125 0.1875 -1.75 -0.75 0.25 1.25 2.25 (c) Using the sampling distribution of p, compute the probability that Lorl will obtain book adoptions on 35% or more of her sales calls during a one-month period. (Round your answer to four decimal places.)
You may need to use the appropriate appendix table or technology to answer this -0.125-0.0625 0 0.0625 0.125 0.125 0.1875 0.25 0.3125 0.375 @x -0.0625 0 0.0625 0.125 0.1875 -1.75 -0.75 0.25 1.25 2.25 (c) Using the sampling distribution of p, compute the probability that Lorl will obtain book adoptions on 35% or more of her sales calls during a one-month period. (Round your answer to four decimal places.)