Math Problem Statement

Below, n is the sample size, p is the population proportion and p̂ is the sample proportion. Use the Central Limit Theorem and the TI-84 Plus calculator to find the probability. Round the answers to at least four decimal places. n=200 p=0.10 P(p̂<0.07)=__

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Probability
Sampling Distributions
Central Limit Theorem

Formulas

Mean of the sampling distribution of p̂: μ̂ = p
Standard deviation of the sampling distribution of p̂: σ̂ = sqrt(p * (1 - p) / n)
Z-score for sample proportion: Z = (p̂ - μ̂) / σ̂

Theorems

Central Limit Theorem

Suitable Grade Level

Grades 11-12, College Introductory Statistics