document.write( "Question 1124583: The Better Business Bureau settles 75% of complaints it receives involving new car dealers. Suppose a sample of 160 complaints involving new car dealers is selected.\r
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document.write( "Find the probability that Better Business Bureau settles less than 129 of these complaints. \n" );
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Algebra.Com's Answer #740979 by rothauserc(4718)![]() ![]() You can put this solution on YOUR website! mean is 0.75 \n" ); document.write( ": \n" ); document.write( "we do not know the standard deviation of the population, so we will use the standard error \n" ); document.write( ": \n" ); document.write( "standard error = square root(0.75 * (1-0.75) / 160) = 0.0342 \n" ); document.write( ": \n" ); document.write( "the sample size is greater than 30, so we can use the normal distribution \n" ); document.write( ": \n" ); document.write( "129/160 is approximately 0.8062 \n" ); document.write( ": \n" ); document.write( "we want the probability that X is less than 0.8062 \n" ); document.write( ": \n" ); document.write( "z-score = (0.8062 - 0.75)/0.0342 is approximately 1.64 \n" ); document.write( ": \n" ); document.write( "using table of z-scores, we find the probability associated with z-score of 1.64 \n" ); document.write( ": \n" ); document.write( "************************************ \n" ); document.write( "Probability ( X < 0.8062 ) = 0.9495 \n" ); document.write( "************************************ \n" ); document.write( ": \n" ); document.write( " \n" ); document.write( " |