According to the American Dental Association, 60% of all dentists use nitrous oxide in their practice. In
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According to the American Dental Association, 60% of all dentists use nitrous oxide in their practice. In a random sample of 75 dentists, let p̂ represent the proportion who use laughing gas in their practice.
a. Find E(p̂).
b. Find σ p̂.
c. Describe the shape of the sampling distribution of p̂.
d. Find P(p̂ > .70).
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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