So there was an initial survey that gave the figure of 70% and now there is another survey that will have 900 participants?
you mentioned a bell shaped curve, are you given a standard deviation?
Here's a problem I'm stuck with:
A survey for brand recognition is done and it is determined that 70% of consumers have heard of Mike's Mechanic Shop. A survey of 900 randomly selected cosumers is to be conducted. For such groups of 900, would it be unusual to get 527 consumers who recognized this shop? So I have to show all the statistics.....
So I'm not clear whether I divide 527/900? Or do I multiply (900)*(.70)?
And why would it be unusual? Do I have to draw a bell shaped curve as well (what would it look like)?
I need this explained step by step.
You certainly wouldn't want to calculate this probability by hand, but you might have a calculator that will do it for you. Or you could use a Normal approximation to the Binomial-- that would be my choice.
Please note that I wrote down a wrong number in my original post, which I went back and corrected.
If you don't know the formula for the standard deviation of a binomial distribution, it is .
Binomial distribution - Wikipedia, the free encyclopedia