Math Problem Statement

According to the American Veterinary Medical Association (AVMA), 39.3% of households in the United States own a dog as a pet (AVMA website). Suppose that a company that sells dog food would like to establish a focus group to gather input on a new dog food marketing campaign. The company plans to contact 25 randomly selected households to invite people to join the focus group. For the sample of 25 households, compute standard deviation of households who own a dog as a pet. (to 4 decimals)

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Binomial Distribution
Standard Deviation

Formulas

Standard deviation of a binomial distribution: σ = √(n * p * (1 - p))

Theorems

Binomial Distribution Theorem

Suitable Grade Level

Grades 10-12