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What is the probability of getting a sample proportion

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Reference no: EM131671420

Question: In a particular area of the Northeast, an estimated 75% of the homes use heating oil as the principal heating fuel during the winter. A random telephone survey of 150 homes is taken in an attempt to determine whether this figure is correct. Suppose 120 of the 150 homes surveyed use heating oil as the principal heating fuel. What is the probability of getting a sample proportion this large or larger if the population estimate is true?

Reference no: EM131671420

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