"p=0.74, n=100"
"np=74, n(1-p)=26"
Since both "np" and "n(1-p)" are greater than ten, "\\hat p" is normally distributed with mean "p" and standard deviation "\\sqrt{\\frac{p(1-p)}{n}}."
Question 24
"P(\\hat p\\geq0.7)=1-P(\\hat p<0.7)"
"Z=\\frac{\\hat{p}-p}{\\sqrt{\\frac{p(1-p)}{n}}}"
"Z=\\frac{0.7-0.74}{\\sqrt{\\frac{0.74(1-0.74)}{100}}}=-0.911921505"
From the Z table, "P(Z<-0.912)=0.1814". thus, "P(\\hat p\\geq0.7)=1-0.1814=0.8186"
The answer is (3). 0.8186
Question 25
"P(0.7\\leq \\hat p\\leq0.84)"
"Z=\\frac{\\hat{p}-p}{\\sqrt{\\frac{p(1-p)}{n}}}"
"Lower Z=\\frac{0.7-0.74}{\\sqrt{\\frac{0.74(1-0.74)}{100}}}=-0.912"
"Upper Z=\\frac{0.84-0.74}{\\sqrt{\\frac{0.74(1-0.74)}{100}}}=2.28"
"P(0.7\\leq \\hat p\\leq0.84)=P(Z\\le2.28)-P(Z \\leq-0.912)"
From the Z table, "P(Z\\le\u22120.912)=0.1814" and "P(Z\\le2.28)=0.98870"
Thus, "P(0.7\\leq \\hat p\\leq0.84)=0.98870-0.1814=0.8073"
Similarly the excel formula =NORM.DIST(0.84,0.74,((0.74*(1-0.74))/100)^0.5,TRUE)-NORM.DIST(0.7,0.74,((0.74*(1-0.74))/100)^0.5,TRUE) can be used and yields 0.807785.
The closest answer is (4). 0.7996 But the exact answer is 0.807785.
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