The general manager of a digital products manufacturer believes that
65% of all potential customers prefer to buy MP3 players with over 8GB
built-in memory. A random sample of 100 customers was chosen.
a If the general manager’s belief is true, what is the mean and the
standard deviation of the sample proportion of customers who prefer
to buy MP3 players with over 8GB built-in memory?
b If the general manager’s belief is true, what is the probability that the
sample proportion of customers who prefer to buy MP3 players with
over 8GB built-in memory is less than 0.75?