According to a report, 41% of millennials have a BA degree. Suppose we take a random sample of 300 millennials and find the proportion who have a BA degree. Find the probability that at most 37% of the sample have a BA degree. Begin by verifying that the conditions for the Central Limit Theorem for Sample Proportions have been met. The Random and Independent condition holds assuming independence. The Large Samples condition holds. The Big Populations condition can reasonably be assumed to hold. The probability that at most 37% of the sample have a BA degree is__%. (Type an integer or decimal rounded to one decimal place as needed.)
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First, we need to check if the conditions for the Central Limit Theorem for Sample Proportions have been met. Show moreā¦
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