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 =
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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