SOLUTION: A simple random sample size of n = 75 is obtained from a population whose size is N = 10,000 and whose population proportion with a specified characteristic is p = 0.8. What is

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Question 535000: A simple random sample size of n = 75 is obtained from a population whose size is N = 10,000 and whose population proportion with a specified characteristic is p = 0.8.
What is the probability of obtaining x = 63 or more individuals with the characteristic?

Answer by reviewermath(1029) About Me  (Show Source):
You can put this solution on YOUR website!
Approximate Solution:
Use continuity correction by subtracting 0.5 from 63
P%28X+%3E=+62.5%29+=+P%28Z+%3E=+%2862.5-0.8%2875%29%29%2Fsqrt%2875%280.8%29%280.2%29%29%29
= P%28Z%3E=0.7217%29
= highlight%280.23524%29
Exact Solution(without replacement):