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a market research firm conducts telephone surveys with a 44% historical response rate. what is the probability that in a new sample of 400 telephone numbers, at least 150 individuals will cooperate and respond to the questions? in other words, what is the probability that the sample proportion will be at least 150 400

Respuesta :

The likelihood that at least 150 people will collaborate and react in a fresh sample of 400 telephone numbers is 0.9953.

Describe probability?

The probability informs us of the likelihood that an event will occur. It is necessary for the likelihood to fall between 0 and 1. The likelihood of success is 1, whereas the probability of failure is 0.

Given, that the market research  company has a history of having a 44% response rate for its telephone surveys.

Therefore, p=44%=0.44=μ

n=400

p=150/400

p=0.375

The standard deviation is then equal to,

σ=√(p(1-p))/n

σ=√(0.44(1-0.44))/400

σ=√(0.44×0.56)/400

σ=0.025

Using the z-table, the values are as follows:

z=(p-μ)/σ

z=(0.375-0.44)/0.025

z=-2.6

p(p>0.375)

=p(z>-2.6)

=1-p(z<-2.6)

=1-0.0047

=0.9953

=99.53%

Therefore, the likelihood that at least 150 people will participate and provide information in a new sample of 400 telephone numbers

To know more about probability, visit:

https://brainly.com/question/11234923

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