The Chairman of a Statistics Department in a Certain College $\pi$

question 51

Short Answer

The chairman of a statistics department in a certain college believes that 70% of the department's graduate assistantships are given to international students.A random sample of 50 graduate assistants is taken.Assume that the chairman is correct and that $\pi$
= 0.70.What is the probability that the sample proportion p will be within $\pm$ 0.05 of the population proportion $\pi$
?

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Definitions:

Market For Milk

A specific commodity market involving the buying and selling of milk, influenced by supply and demand dynamics, production costs, and regulatory factors.

Variable Ratio Schedules

A reinforcement schedule in operant conditioning where a response is reinforced after an unpredictable number of responses, leading to high and steady response rates.

Reinforcement Theory

A behavioral theory proposing that behavior is a function of its consequences, with behaviors being encouraged or discouraged through positive or negative reinforcement.

Behavior

The actions or reactions of a person or animal in response to external or internal stimuli.