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What is the probability that the sample proportion

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A Food Marketing Institute found that 55% of households spend more than $125 a week on groceries. Assume the population proportion is 0.55 and a simple random sample of 149 households is selected from the population. What is the probability that the sample proportion of households spending more than $125 a week is more than than 0.49?

Reference no: EM132483889

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