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The National Technological Literacy Conference conducted a national survey to determine the
percentage of adults who are economically illiterate. According to the study, 71.5% of US adults
are economically illiterate. A random sample of size 66 was obtained. Let p be the proportion of
the sample that are economically illiterate. 1. Use the Central Limit Theorem p(p^=,p^= 2. Find the
probability that less than 71% of the sample are economically illiterate. (Round the answer to 4
decimal places)

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The National Technological Literacy Conference conducted a n.pdf

  • 1. The National Technological Literacy Conference conducted a national survey to determine the percentage of adults who are economically illiterate. According to the study, 71.5% of US adults are economically illiterate. A random sample of size 66 was obtained. Let p be the proportion of the sample that are economically illiterate. 1. Use the Central Limit Theorem p(p^=,p^= 2. Find the probability that less than 71% of the sample are economically illiterate. (Round the answer to 4 decimal places)