SOLUTION: 40% of the employees at a large corporation are female a sample of 50 employees is taken and gender is recorded what is the probability of sample proportion of females in sample be

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Question 1192318: 40% of the employees at a large corporation are female a sample of 50 employees is taken and gender is recorded what is the probability of sample proportion of females in sample between 0.35 and 0.45?
Answer by CPhill(1959) About Me  (Show Source):
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**1. Define Variables**
* **Population Proportion (p):** 0.40 (40% of employees are female)
* **Sample Size (n):** 50
* **Sample Proportion (p-hat):** Proportion of females in the sample
**2. Check Conditions for Normal Approximation**
* **Independence:** We assume that the employees are randomly selected and that the sample size is less than 10% of the total population.
* **Success-Failure Condition:**
* np = 0.40 * 50 = 20 (Number of female employees in the sample)
* n(1-p) = 50 * 0.60 = 30 (Number of male employees in the sample)
* Both np and n(1-p) are greater than 10, so the condition is met.
Since the conditions are met, we can use the normal approximation to the binomial distribution.
**3. Calculate Standard Error**
* Standard Error (SE) = √[p * (1-p) / n]
* SE = √[0.40 * 0.60 / 50]
* SE = √[0.24 / 50]
* SE = √0.0048
* SE ≈ 0.0693
**4. Standardize the Values**
* **For p-hat = 0.35:**
* z = (0.35 - 0.40) / 0.0693 ≈ -0.72
* **For p-hat = 0.45:**
* z = (0.45 - 0.40) / 0.0693 ≈ 0.72
**5. Find the Probability**
* We want to find P(0.35 < p-hat < 0.45)
* This is equivalent to finding P(-0.72 < z < 0.72)
* Using a standard normal table or calculator, we find:
* P(z < 0.72) ≈ 0.7642
* P(z < -0.72) ≈ 0.2358
* P(-0.72 < z < 0.72) = P(z < 0.72) - P(z < -0.72)
* P(-0.72 < z < 0.72) ≈ 0.7642 - 0.2358
* P(-0.72 < z < 0.72) ≈ 0.5284
**Therefore, the probability that the sample proportion of females in the sample is between 0.35 and 0.45 is approximately 0.5284.**