Earl gets a commission of 20% on all sales. He sold $2,580.00 worth of goods. What was the amount of his paycheck?
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Answer:
Probability that the proportion in our sample of red candies will be less than 20% is 0.5 .
Step-by-step explanation:
We are given that 20% of the candy produced are red. A random sample of 100 bags of Skittles is taken.
The distribution we can use here is;
~ N(0,1)
where, p = 0.20 and n = 100
Let = proportion of red candies in our sample
So, P( < 0.20) = P(
<
) = P(Z < 0) = 0.5
Therefore, probability that the proportion in our sample of red candies will be less than 20% is 0.5 .