what is the approximate probability that in a random sample of 1000 individuals who have purchased fries at McDonald’s, at least 40 can taste the difference between the two oils? (2.5 pts.)

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Complete Question

In response to concerns about nutritional contents of fast foods, McDonald's has announced that it will use a new cooking oil for its French fries that will decrease substantially trans fatty acid levels and increase the amount of more beneficial polyunsaturated fat. The company claims that only 3 out of 100 people can detect a difference in taste between the new and old oils. Assuming that this figure is correct (as a long-run proportion), what is the approximate probability that in a random sample of 1000 individuals who have purchased fries at McDonald's, at least 40 can taste the difference between the two oils? (2.5 pts.)

Answer:

The probability is  [tex]P(\^ p \ge 0.04 ) = 0.03216[/tex]

Step-by-step explanation:

From the question we are told that

   The population proportion is  [tex]p = \frac{3}{100} = 0.03[/tex]

    The sample size is  n  = 1000

 Generally the mean of this sampling distribution is  [tex]\mu_{x} = 0.03[/tex]

Generally the standard deviation of this sapling distribution is  mathematically evaluated as  

        [tex]\sigma = \sqrt{\frac{p (1 - p)}{n} }[/tex]

=>      [tex]\sigma = \sqrt{\frac{0.03 (1 - 0.03)}{1000} }[/tex]

=>      [tex]\sigma = 0.0054[/tex]

Generally the sample proportion when the number of those that can taste the difference is 40  is mathematically represented as

      [tex]\^ p = \frac{40}{1000} = 0.04[/tex]

Generally the approximate probability that in a random sample of 1000 individuals who have purchased fries at McDonald's, at least 40( [tex]\^ p = 0.04[/tex]) can taste the difference between the two oils is mathematically represented  as

     [tex]P(\^ p \ge 0.04 ) = 1 - P(\^ p < 0.04 )[/tex]

Here

      [tex]P(\^ p < 0.04 ) = P(\frac{ \^ p - \mu_{x}}{\sigma } < \frac{0.04 - 0.03}{0.0054} )[/tex]

[tex]\frac{\^ p -\mu}{\sigma }  =  Z (The  \ standardized \  value\  of  \ \^ p )[/tex]

=>   [tex]P(\^ p < 0.04 ) = P(Z < 1.85 )[/tex]

From the z table the probability of  (Z < 1.85  ) is

      [tex]P(Z < 1.85 ) = 0.96784[/tex]

So

    [tex]P(\^ p < 0.04 ) = 0.96784[/tex]

So

   [tex]P(\^ p \ge 0.04 ) = 1 - 0.96784[/tex]

=> [tex]P(\^ p \ge 0.04 ) = 0.03216[/tex]

         

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