Answer :
Answer:
0.242
Step-by-step explanation:
p = 0.08, q = 1 − p = 0.92, and n = 1000.
The mean and standard deviation are:
μ = p = 0.08
σ = √(pq/n) = 0.00858
The z score is:
z = (x − μ) / σ = -0.70
Using a calculator or z score table, the probability is:
P(Z < -0.70) = 0.242
The approximate probability that the random sample of 1000 letters will contain 7.4% or fewer is; 0.242
What is the probability?
We are given;
proportion; p = 0.08
n = 1000.
Thus; q = 1 − p = 0.92
The is equal to the proportion. Thus;
μ = p = 0.08
Formula for the standard deviation is;
σ = √(pq/n)
σ = 0.00858
The z score is gotten from the formula;
z = (x − μ)/σ
z = (0.074 -0.08)/0.00858
z = -0.70
From online p-value from z-score calculator, we have;
P(Z < -0.70) = 0.242
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