Math Problem Statement

According to a 2009 Reader's Digest article, people throw away about 10% of what they buy at the grocery store. Assume this is the true proportion and you plan to randomly survey 85 grocery shoppers to investigate their behavior. What is the probability that the sample proportion does not exceed 0.2?

Note: You should carefully round any z-values you calculate to 4 decimal places to match wamap's approach and calculations.

Answer = (Enter your answer as a number accurate to 4 decimal places.)

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Sampling Distribution
Normal Approximation
Proportions

Formulas

Standard Error: σp̂ = sqrt(p(1 - p) / n)
Z-score: z = (p̂ - μp̂) / σp̂

Theorems

Central Limit Theorem

Suitable Grade Level

Grades 11-12 (Advanced Statistics)