Answer:
The probability that no more than 50% in the sample of 700 had received such an email is 0.9830.
Explanation:
According to the Central limit theorem, if from an unknown population large samples of sizes n ≥ 30, are selected and the sample proportion for each sample is computed then the sampling distribution of sample proportion follows a Normal distribution.
The mean of this sampling distribution of sample proportion is:
![\mu_(\hat p)=p](https://img.qammunity.org/2021/formulas/mathematics/college/mruuwakwsspmc2v3pjp0tuu9b0iyrrfz34.png)
The standard deviation of this sampling distribution of sample proportion is:
![\sigma_(\hat p)=\sqrt{(p(1-p))/(n)}](https://img.qammunity.org/2021/formulas/mathematics/college/pbpnjezz5com05nodxdjp5bgchns8g2nx6.png)
The information provided is:
p = 54% = 0.54
n = 700
Since the sample size selected is quite large, i.e. n = 700 > 30, the central limit theorem can be used to approximate the sampling distribution of sample proportion.
![\hat p\sim N(p, (p(1-p))/(n))](https://img.qammunity.org/2021/formulas/mathematics/college/auf72lnh4rja27nnqslw6wvmis3ugqcac6.png)
Compute the probability that no more than 50% in the sample of 700 had received such an email as follows:
![P(\hat p>0.50)=P(\frac{\hat p-p}{\sqrt{(p(1-p))/(n)}}>\frac{0.50-0.54}{\sqrt{(0.54(1-0.54))/(700)}})](https://img.qammunity.org/2021/formulas/mathematics/college/alooiybjfj9rftn60fvby4fz9avnv3trfh.png)
![=P(Z>-2.12)\\=P(Z<2.12)\\=0.9830](https://img.qammunity.org/2021/formulas/mathematics/college/prepquqafvcm9qvjcnq5goqrob8pxtnlel.png)
*use a z-table for the probability.
Thus, the probability that no more than 50% in the sample of 700 had received such an email is 0.9830.