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Calculate the sampling distribution of p

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Reference no: EM132857305

Question - The food marketing institute shows that 17% of households spend more than $100 per week on groceries. Assume the population is p=0.17 an a simple random sample of 800 households will be selected from the population. Use z-table.

Required -

a. Calculate the sampling distribution of p, the probability of households spending more than $100 per week on groceries.

b. What is the probability that the sample proportion will be within +0.02 of the population proportion.

c. What is the probability that the proportion will be within +0.02 of the population proportion for a sample of 1600 households.

Reference no: EM132857305

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