Suppose a simple random sample of size n=1000 is obtained from a
population whose size is N= 1,000,000 and whose population
proportion with a specified characteristic is p=0.56. Complete
parts (a) through (c) below.
(a) Describe the sampling distribution of ModifyingAbove p with
caret
A. Approximately normal, mu Subscript ModifyingAbove p with
caret μ p=0.56 and sigma Subscript ModifyingAbove p with caret σ
p≈0.0002
B. Approximately normal, mu Subscript ModifyingAbove p with
caret μ p=0.56 and sigma Subscript ModifyingAbove p with caret σ
p≈0.0157
C.Approximately normal, mu Subscript ModifyingAbove p with
caret μ p=0.56 and sigma Subscript ModifyingAbove p with caret σ
p≈0.0005
(b) What is the probability of obtaining x=590 or more
individuals with the characteristic? (Round to four decimal places
as needed.)
(c) What is the probability of obtaining x=540 or fewer
individuals with the characteristic? (Round to four decimal places
as needed.)