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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]
