Answer:
(1) 0.058
(2) 601
Step-by-step explanation:
(1)
According to the Central limit theorem, if from an unknown population large samples of sizes n > 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:
The standard deviation of this sampling distribution of sample proportion is:
As the sample size is large, i.e. <em>n</em> = 350 > 30, the Central limit theorem can be used to approximate the sampling distribution of sample proportion of adults in a certain country work from home.
Compute the probability that fewer than 42 out of a random sample of 350 adults will work from home:
Sample proportion:
Thus, the probability that fewer than 42 out of a random sample of 350 adults will work from home is 0.058.
(2)
The (1 - <em>α</em>)% confidence interval for population proportion is:
The margin of error for this interval is:
Given:
MOE = 0.04
Confidence level = 95%
Assume that the sample proportion is 50%.
The critical <em>z</em>-value for 95% confidence level is 1.96.
Compute the required sample size as follows:
Thus, the required sample size is 601.