(Solved): In 2016 the Better Business Bureau settied \( 79 \% \) of complaints they received in the United St ...
In 2016 the Better Business Bureau settied \( 79 \% \) of complaints they received in the United States. Suppose you have been hired by the Better Business Bureay to Investigate the complaints they received this year involving new car dealers. You plan to select a sample of new car dealer complaints to estimate the proportion of complaints the Better Business Bureau is able to settle. Assume the population proportion of compisints settied for new car dealers is 0.79, the same as the overall proportion of complaints settled in 2016 . Use the \( z \)-table. a. Suppose you select a sample of 200 complaints involving new car dealers. Show the sampling distribution of \( \bar{p} \). \( E(\bar{p})= \) \( \sigma_{\bar{p}}= \) b. Based upon a sample of 200 complaints, what is the probability that the sample proportion will be within \( 0.02 \) of the population proportion (to 4 decimisis) probability \( = \) c. Suppose you select a sample of 420 complaints involving new car dealers. Show the sampling distribution of \( \bar{p} \). d. Based upon the larger sample of 420 compiaintiz what is the probability that the sample proportion will be within \( 0.02 \) of the population propertion (tis 4 . decimals)? probability \( = \)