The proportion of people insured by the All-Driver Automobile Insurance Company who received at least one traffic ticket during a five-year period is 0.15. Assume we randomly sample 150 insured drivers. What's the probability that the sample proportion is within 0.03 of the population proportion?
The proportion of people insured by the All-Driver Automobile Insurance Company who received at least one traffic ticket during a five-year period is 0.15. Assume we randomly sample 150 insured drivers. What's the probability that the sample proportion is less than 10%?