A tourist agency wants to know what proportion of vistors


1. Would you be surprised to find that there were fewer than 160 women in the sample? Explain.A real estate agent wants to know how many owners of homes worth over $1,000,000 might be considering put- ting their home on the market in the next 12 months. He surveys 40 of them and finds that 10 of them are considering such a move. Are all the assumptions and conditions for finding the sampling distribution of the proportion satis- fied? Explain briefly.

2. A tourist agency wants to know what proportion of vistors to the Eiffel Tower are from the Far East. To find out they survey 100 people in the line to purchase tickets to the top of the tower one Sunday afternoon in May. Are all the assumptions and conditions for finding the sampling distribution of the proportion satisfied? Explain briefly.

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Accounting Basics: A tourist agency wants to know what proportion of vistors
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