Apple's market share in the smart phone market represents a proportion of 0.1935. If Apple conducts a survey nationwide of 522 smart phone users, what is the probability that no more than 93 of the people are Apple users?
Solution :
Using binomial distribution,
= n * p = 0.1935 * 522 = 101.007
=
n * p * q =
0.8065 * 0.1935 * 522 = 9.02564
Using continuity correction ,
= P((x -
) /
< (93.5 - 101.007) / 9.02564)
= P(z < -0.83)
= 0.2033
Probability = 0.2033
Apple's market share in the smart phone market represents a proportion of 0.1935. If Apple conducts...
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