document.write( "Question 1005133: Suppose that a particular candidate for public office is in fact favored by 49% of all registered voters in the district. A polling organization will take a random sample of 700 voters and will use p̂, the sample proportion, to estimate p. \r
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document.write( "What is the approximate probability that p̂ will be greater than 0.5, causing the polling organization to incorrectly predict the result of the upcoming election? \n" );
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Algebra.Com's Answer #621483 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Suppose that a particular candidate for public office is in fact favored by 49% of all registered voters in the district. \n" ); document.write( "A polling organization will take a random sample of 700 voters and will use p̂^, the sample proportion, to estimate p. \n" ); document.write( "-------------------------- \n" ); document.write( "What is the approximate probability that p̂ will be greater than 0.5, causing the polling organization to incorrectly predict the result of the upcoming election? \n" ); document.write( "------ \n" ); document.write( "z(0.5) = (0.5-0.49)/sqrt[0.49*0.51/700] = 0.01/0.01889 = 0.5393 \n" ); document.write( "===== \n" ); document.write( "P(p^>0.5) = P(z > 0.5393) = 0.2983 \n" ); document.write( "------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "------------ \n" ); document.write( " \n" ); document.write( " |