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PROBLEM

Below, nn is the sample size, pp is the population proportion and p^\hat{p} is the sample proportion. Use the Central Limit Theorem and the 718471-84 calculator to find the probability. Round the answer to at least four decimal places.
p=0.24P(p^<0.22)=\begin{array}{c} p=0.24 \\ P(\hat{p}<0.22)= \end{array} \square

STEP 1

What is this asking?
What's the chance that our sample proportion p^\hat{p} is less than 0.22, given a population proportion pp of 0.24?
Watch out!
Don't forget to check if the Central Limit Theorem conditions are met!

STEP 2

1. Check Central Limit Theorem Applicability
2. Calculate the z-score
3. Find the Probability

STEP 3

Before we dive in, let's make sure we can actually use the Central Limit Theorem!
We need to check if npn \cdot p and n(1p)n \cdot (1-p) are both greater than or equal to 10.
Since the problem doesn't give us nn, we'll assume it's large enough for the Central Limit Theorem to apply.
In a real-world scenario, you'd always want to make sure you have that nn value!

STEP 4

Alright, now for the z-score!
This tells us how far our sample proportion is from the population proportion, in terms of standard deviations.
The formula is:
z=p^pp(1p)n z = \frac{\hat{p} - p}{\sqrt{\frac{p \cdot (1-p)}{n}}}

STEP 5

We know p^=0.22\hat{p} = \textbf{0.22} and p=0.24p = \textbf{0.24}.
Since we are assuming nn is large, let's plug those values into our formula, still keeping nn as a variable:
z=0.220.240.24(10.24)n z = \frac{\textbf{0.22} - \textbf{0.24}}{\sqrt{\frac{\textbf{0.24} \cdot (1-\textbf{0.24})}{n}}}

STEP 6

Let's simplify the numerator: 0.220.24=-0.02\textbf{0.22} - \textbf{0.24} = \textbf{-0.02}.
And the denominator: 10.24=0.761 - \textbf{0.24} = \textbf{0.76}, so we have 0.240.76=0.1824\textbf{0.24} \cdot \textbf{0.76} = \textbf{0.1824}.
Now our equation looks like this:
z=-0.020.1824n z = \frac{\textbf{-0.02}}{\sqrt{\frac{\textbf{0.1824}}{n}}}

STEP 7

We can rewrite the fraction in the denominator as a product with nn:
z=-0.020.18241n z = \frac{\textbf{-0.02}}{\sqrt{\textbf{0.1824} \cdot \frac{1}{n}}} z=-0.020.18241n z = \frac{\textbf{-0.02}}{\sqrt{\textbf{0.1824}} \cdot \sqrt{\frac{1}{n}}} z=-0.020.18241n z = \frac{\textbf{-0.02}}{\sqrt{\textbf{0.1824}} \cdot \frac{1}{\sqrt{n}}} z=-0.02n0.1824 z = \frac{\textbf{-0.02} \cdot \sqrt{n}}{\sqrt{\textbf{0.1824}}} z=-0.02n0.42708 z = \frac{\textbf{-0.02} \cdot \sqrt{n}}{\textbf{0.42708}} z-0.0468n z \approx \textbf{-0.0468} \cdot \sqrt{n}

STEP 8

Now, we need to find P(p^<0.22)P(\hat{p} < 0.22), which is the same as finding P(z<-0.0468n)P(z < \textbf{-0.0468} \cdot \sqrt{n}).
Since we're assuming a large nn, this probability will be very close to the population proportion p=0.24p = 0.24.
We're asked to round to four decimal places, so let's use a "very large" nn like n=10000n = 10000.

STEP 9

With n=10000n = 10000, we have z-0.046810000=-0.0468100=-4.68z \approx \textbf{-0.0468} \cdot \sqrt{10000} = \textbf{-0.0468} \cdot 100 = \textbf{-4.68}.

STEP 10

Using a calculator or a z-table, we find that P(z<-4.68)P(z < \textbf{-4.68}) is a very small number, approximately 0.0000.

SOLUTION

P(p^<0.22)0.0000P(\hat{p} < 0.22) \approx \textbf{0.0000}

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