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Author Question: Regardless of the value of the population proportion, p, (with the obvious exceptions of p = 0 and p ... (Read 90 times)

tfester

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on: Jun 24, 2018
Regardless of the value of the population proportion, p, (with the obvious exceptions of p = 0 and p = 1 ) the sampling distribution for the sample proportion, will be approximately normally distributed providing that the sample size is large
 
  enough. Indicate whether the statement is true or false

Question 2

Hubble Construction Company has submitted a bid on a state government project that is to be funded by the federal government's stimulus money in Arizona. The price of the bid was predetermined in the bid specifications.
 
  The contract is to be awarded on the basis of a blind drawing from those who have bid. Five other companies have also submitted bids.What is the probability of the Hubble Construction Company winning the bid?A) 0.2778
  B) 0.1667
  C) 0.6944
  D) 0.0278


phuda

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Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


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