Answer:
A. 0.0049
B. Yes
Step-by-step explanation:
Sample proportion = 0.64
N = 1000
Population proportion = 0.60
We solve for standard deviation
= √p(1-p)/n
= √0.60(1-0.60)/1000
= √0.60x0.40/1000
= √0.00024
= 0.0155
A.
The probability of sample >=0.64
Z>=0.64-0.60/0.0155
Z >= 0.04/0.0155
So z >= 2.5806
Using excel this equal to 0.0049
0.0049 is probability of sample proportion being 0.64 at least.
B.
This answer in a shows that than 60% of households in the united states income class purchased life insurance last year.
Answer:
(A) No solution
(B) One solution
(C) One solution
(D) One solution
(E) No solution
Please tell me if this is incorrect. I hope this helps!
Answer:
The correct answer is the last one.
Step-by-step explanation:
Variable data is any kind of information gathered that can be made into a chart or graph representing what was collected. In other words, the data collected must vary.
The first, second, and third answers cannot be made into a chart/graph as it would be a singular number, and not provide varying data (which is required to produce a graph/chart).
The last answer would be correct as one can create a chart as the data collected from that question would vary. For example, five family members could be born in July, six in August, and ten in October. The variable that is "varying" would be these months.
Hope this helps!
