Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 8 - Section 8.2 - Assess Your Understanding - Applying the Concepts - Page 419: 19

Answer

Since $P(ρ ̂\geq0.11)\gt0.05$, it is not an unusual event.

Work Step by Step

$μ_{ρ ̂}=0.10$ $σ_{ρ ̂}=\sqrt {\frac{p(1-p)}{n}}=\sqrt {\frac{0.10(1-0.10)}{1100}}=0.00905$ The proportion in the sample: $ρ ̂=\frac{121}{1100}=0.11$ Let's find the z-score for 0.11: $z=\frac{ρ ̂-μ_{ρ ̂}}{σ_{ρ ̂}}=\frac{0.11-0.10}{0.00905}=1.10$ According to Table V, the area of the standard normal curve to the left of z-score equal to 1.10 is 0.8643. But, we want the area of the standard normal curve to the right of z-score equal to 1.10: $P(ρ ̂\geq0.11)=1-0.8643=0.1357$
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