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DVD Rental Store a DVD Rental Store Wants to Know

Question 125

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DVD Rental Store A DVD rental store wants to know what proportion of its customers are under age 21. A simple random sample of 500 customers was taken, and 375 of them were under age 21. Presume that the true population proportion of customers under age 21 is 0.68. {DVD Rental Store Narrative} What is the probability that the sample proportion DVD Rental Store A DVD rental store wants to know what proportion of its customers are under age 21. A simple random sample of 500 customers was taken, and 375 of them were under age 21. Presume that the true population proportion of customers under age 21 is 0.68. {DVD Rental Store Narrative} What is the probability that the sample proportion   is within 0.03 of the true proportion of customers who are under age 21? is within 0.03 of the true proportion of customers who are under age 21?

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