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probability

1 min read
Posted on 
January 21st, 2022
Home probability
Question
I had just submitted a problem like this an it was incorrect. Can you again? Thx n a recent year, the Better Business Bureau settled 75% of complaints they received. (Source: USA Today, March 2, 2009) You have been hired by the Bureau to investigate complaints this year involving computer stores. You plan to select a random sample of complaints to estimate the proportion of complaints the Bureau is able to settle. Assume the population proportion of complaints settled for the computer stores is the 0.75, as mentioned above. Suppose your sample size is 76. What is the probability that the sample proportion will be 4 or more percent below the population proportion? Note: You should carefully round any z-values you calculate to 4 decimal places to match wamap’s approach and calculations. Answer =  (Enter your answer as a number accurate to 4 decimal places.)

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