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Homework answers / question archive / A random sample of size n = 76 is taken from a population of size N = 795 with a population proportion p = 0
N = 795 with a population proportion p = 0.74. [You may find it useful to reference the z table.]
a-1. Is it necessary to apply the finite population correction factor?
- Yes
- No
a-2. Calculate the expected value and the standard error of the sample proportion. (Round "expected value" to 2 decimal places and "standard error" to 4 decimal places.)
b. What is the probability that the sample proportion is less than 0.62? (Round "z" value to 2 decimal places, and final answer to 4 decimal places.)