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
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