Suppose that 8% of the customers of a cable television company watch the Jewelry Network channel at least once a week. The cable company does not know the actual proportion of all customers who watch the channel at least once a week and is trying to decide whether to replace this channel with a new local station. The company plans to take a random sample of 150 customers and to use as an estimate of the population proportion.
Determine the standard deviation of .
A) 0.022
B) 0.006
C) 2.400
D) 0.070
E) 0.041
Correct Answer:
Verified
Q12: A statistic is a characteristic of the
Q13: If p = 0.90, a sample size
Q14: The standard deviation of the distribution of
Q15: The mean of the sampling distribution of
Q16: Some colleges now allow students to rent
Q19: As n grows larger, the mean of
Q20: Which of the following symbols is used
Q21: One method for estimating abundance of animals
Q22: Consider sampling from a population whose proportion
Q23: Determine the mean and standard deviation of
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