Roger Hall, who oversees six Ford dealerships, believes that the colors chosen by customers who special-order their cars best reflect most customers' true color preferences. For that reason, he has tabulated the color requests specified in a sample of 56 Mustang coupe special orders placed this year. The sample data are listed below.
a. What is the point estimate of the proportion of all Mustang coupe special orders that specify a color preference of black?
b. Describe the sampling distribution of
, where
is the proportion of Mustang coupe special orders that specify a color preference of black. Assume that the proportion of all Mustang coupe special orders having a color preference of black is .36.
c. What is the probability that a simple random sample of 56 special orders will provide an estimate of the population proportion of special orders specifying the color black that is within plus or minus .05 of the actual population proportion, assuming p = .36? In other words, what is the probability that
will be between .31 and .41?
Correct Answer:
Verified
b. normall...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q110: A random sample of nine telephone calls
Q111: Missy Walters owns a mail-order business specializing
Q112: The proportion of Americans who support the
Q113: The average lifetime of a light bulb
Q114: In a local university, 10% of the
Q115: There are 500 employees in a firm,
Q118: Candidate A is running for president of
Q119: A random sample of ten examination papers
Q125: In a large university, 20% of the
Q127: A bank has kept records of the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents