A market research firm conducts telephone surveys with a 42% historical response rate. What is the probability that in a new sample of 375 telephone numbers, at least 150 individuals will cooperate and respond to the questions

Respuesta :

Answer:

The right answer is "0.7823".

Step-by-step explanation:

Given that,

P = 42%

or,

  = 0.42

n = 375

[tex]\hat{P}[/tex] = 0.4

The z-score will be:

= [tex]\frac{\hat{P}-\mu_P}{\sigma_p}[/tex]

By putting the values, we get

= [tex]\frac{0.4-0.42}{\sqrt{\frac{0.42\times (1-0.42)}{0.375} } }[/tex]

= [tex]-0.784706[/tex]

hence,

The probability will be:

⇒ [tex]P(\hat {P}>0.04)[/tex] = [tex]P(z>-0.7847)[/tex]

                        = [tex]1-P(z<-0.7847)[/tex]

                        = [tex]1-0.21770[/tex]

                        = [tex]0.7823[/tex]