A video rental store wants to know what proportion of its customers are under 21 years old. A simple random sample of 500 customers is taken, and 350 of them are under 21. Assume that the true population proportion of customers aged under 21 is 0.68. If another simple random sample of size 500 is taken, what is the probability that more than 70% of customers are under 21 years old?

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The Answer of A video rental store wants to know what proportion of its customers are under 21 years old. A simple random sample of 500 customers is taken, and 350 of them are under 21. Assume that the true population proportion of customers aged under 21 is 0.68. If another simple random sample of size 500 is taken, what is the probability that more than 70% of customers are under 21 years old?

A Video Rental Store Wants to Know What Proportion of Its