00:01
For this problem, we can essentially think of this as a sampling proportion type distribution.
00:06
So if we're thinking about our sample proportions, our p -hats, they'll be distributed as a normal distribution, where the mean value is going to be a proportion equal to that of the general population, 0 .42, and the standard error of our distribution is going to be given by the square root of the population proportion 0 .42 times 1 minus the population proportion, so that would be 0 .58, divided by the sample size, in this case 300.
00:37
So we have that the standard error of our normal distribution here is roughly 0 .085.
00:45
So we have, as i said, it's roughly a normal distribution, so bell -shaped and symmetric about that mean value of 0 .42.
00:57
Now for part b, finding the probability that a sample proportion will be within plus or minus 0 .03 of the population proportion, we can use the analogy to the standard normal distribution.
01:10
And, well, since we're looking for the probability within plus or minus 0 .03, so probability of 0 .42 minus 0 .03, which would give us 0 .39 at the low end, and 0 .45 at the upper end.
01:31
Because of the symmetry of the normal distribution, this is just going to be equal to two times the probability that the sample proportion is between the population mean 0 .42 and 0 .45.
01:46
So we can do this as 2 times the probability of p hat between 0 .42 and 0 .45, which doesn't immediately seem like it's going to make our calculations any easier.
02:00
But what we can do now is use the fact that we can find the probability of p -hat being in that interval by taking the probability of the sample of proportion being less than the upper bound, then subtract off the probability of p -hat being less than the lower bound.
02:20
But because now our lower -bound is the population mean, we don't need to do any calculations to figure out that the probability of p hat being less than the population mean is simply going to be 0 .5.
02:34
It's 50 % because of the symmetry of the normal distribution.
02:38
Now to find the probability of our sample proportion being less than 0 .45, we'll translate that sample proportion value into a z score.
02:49
The corresponding z score is of course the measurement 0 .45 minus the population number.
02:56
Mean 0 .42, pardon me, divided by the standard error, roughly 0 .0285.
03:04
So we can see that the corresponding zd score is roughly 1 .05.
03:11
And of course you can use a table of values, a graph and calculator, something like that for finding the probability to the left of 0 .0.
03:19
Or, pardon me, to the left of 1 .05...