In 2020, the Census Bureau listed Frisco, Texas as the fastest-growing city in the nation. In fact, 42% of Frisco homewoners moved into their homes within the last 10 years. A random sample of size 74 was obtained. Let ô be the proportion of the sample that moved into their homes within the last 10 years. 1. Use the Central Limit Theorem (np>10 and n(1-p)>10 ) to describe the probability distribution of ô and state its parameters μ and op: (Round the answers to 4 decimal places) p (Hp = ор 2. Find the probability that more than 51% of the sample moved into their homes within the last 10 years. (Round the answer to 4 decimal places) N =

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.8: Probability
Problem 32E
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HOLD
Seale
00
100
00
100
N
00
00
88
H
In 2020, the Census Bureau listed Frisco, Texas as the fastest-growing city in the nation. In fact, 42% of
Frisco homewoners moved into their homes within the last 10 years. A random sample of size 74 was
obtained. Let ô be the proportion of the sample that moved into their homes within the last 10 years.
1. Use the Central Limit Theorem (np>10 and n(1-p)>10 ) to describe the probability distribution of p and
state its parameters μ and op: (Round the answers to 4 decimal places)
p
✓ (H₂ =₂0₂ =
2. Find the probability that more than 51% of the sample moved into their homes within the last 10 years.
(Round the answer to 4 decimal places)
Transcribed Image Text:HOLD Seale 00 100 00 100 N 00 00 88 H In 2020, the Census Bureau listed Frisco, Texas as the fastest-growing city in the nation. In fact, 42% of Frisco homewoners moved into their homes within the last 10 years. A random sample of size 74 was obtained. Let ô be the proportion of the sample that moved into their homes within the last 10 years. 1. Use the Central Limit Theorem (np>10 and n(1-p)>10 ) to describe the probability distribution of p and state its parameters μ and op: (Round the answers to 4 decimal places) p ✓ (H₂ =₂0₂ = 2. Find the probability that more than 51% of the sample moved into their homes within the last 10 years. (Round the answer to 4 decimal places)
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