A Food Marketing Institute found that 30% of households spend more than $125 a week on groceries. Assume the population

Question

A Food Marketing Institute found that 30% of households spend more than $125 a week on groceries. Assume the population proportion is 0.3 and a simple random sample of 481 households is selected from the population. What is the probability that the sample proportion of households spending more than $125 a week is less than 0.31?

Kunduz · Accepted Answer

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