Answer:
(a) Correct option is (A).
(b) The value of P (X ≥ 770) is 0.0143.
(c) The value of P (X ≤ 720) is 0.0708.
Step-by-step explanation:
Let <em>X</em> = number of elements with a particular characteristic.
The variable <em>p</em> is defined as the population proportion of elements with the particular characteristic.
The value of <em>p</em> is:
<em>p</em> = 0.74.
A sample of size, <em>n</em> = 1000 is selected from a population with this characteristic.
(a)
According to the Central limit theorem, if from an unknown population large samples of sizes <em>n</em> > 30, are selected and the sample proportion for each sample is computed then the sampling distribution of sample proportion follows a Normal distribution.
The mean of this sampling distribution of sample proportion is:
![\mu_{\hat p}=p](https://tex.z-dn.net/?f=%5Cmu_%7B%5Chat%20p%7D%3Dp)
The standard deviation of this sampling distribution of sample proportion is:
![\sigma_{\hat p}=\sqrt{\frac{p(1-p)}{n}}](https://tex.z-dn.net/?f=%5Csigma_%7B%5Chat%20p%7D%3D%5Csqrt%7B%5Cfrac%7Bp%281-p%29%7D%7Bn%7D%7D)
The sample selected is of size, <em>n</em> = 1000 > 30.
Thus, according to the central limit theorem the distribution of
is Normal, i.e.
.
Thus the correct option is (A).
(b)
We need to compute the value of P (X ≥ 770).
Apply continuity correction:
P (X ≥ 770) = P (X > 770 + 0.50)
= P (X > 770.50)
Then ![\hat p> \frac{770.5}{1000}=0.7705](https://tex.z-dn.net/?f=%5Chat%20p%3E%20%5Cfrac%7B770.5%7D%7B1000%7D%3D0.7705)
Compute the value of
as follows:
![P(\hat p> 0.7705)=P(\frac{\hat p-\mu_{\hat p}}{\sigma_{\hat p}}>\frac{0.7705-0.74}{0.0139})](https://tex.z-dn.net/?f=P%28%5Chat%20p%3E%200.7705%29%3DP%28%5Cfrac%7B%5Chat%20p-%5Cmu_%7B%5Chat%20p%7D%7D%7B%5Csigma_%7B%5Chat%20p%7D%7D%3E%5Cfrac%7B0.7705-0.74%7D%7B0.0139%7D%29)
![=P(Z>2.19)\\=1-P(Z](https://tex.z-dn.net/?f=%3DP%28Z%3E2.19%29%5C%5C%3D1-P%28Z%3C2.19%29%5C%5C%3D1-0.98574%5C%5C%3D0.01426%5C%5C%5Capprox0.0143)
Thus, the value of P (X ≥ 770) is 0.0143.
(c)
We need to compute the value of P (X ≤ 720).
Apply continuity correction:
P (X ≤ 720) = P (X < 720 - 0.50)
= P (X < 719.50)
Then ![\hat p](https://tex.z-dn.net/?f=%5Chat%20p%3C%5Cfrac%7B719.5%7D%7B1000%7D%3D0.7195)
Compute the value of
as follows:
![P(\hat p](https://tex.z-dn.net/?f=P%28%5Chat%20p%3C0.7195%29%3DP%28%5Cfrac%7B%5Chat%20p-%5Cmu_%7B%5Chat%20p%7D%7D%7B%5Csigma_%7B%5Chat%20p%7D%7D%3C%5Cfrac%7B0.7195-0.74%7D%7B0.0139%7D%29)
![=P(Z](https://tex.z-dn.net/?f=%3DP%28Z%3C-1.47%29%5C%5C%3D1-P%28Z%3C1.47%29%5C%5C%3D1-0.92922%5C%5C%3D0.07078%5C%5C%5Capprox0.0708)
Thus, the value of P (X ≤ 720) is 0.0708.