Claim: p = 0.95; = 0.10. Sample statistics: p = 0.875, n = 50 Determine whether

Question:

Claim: p = 0.95; α = 0.10. Sample statistics: p̂ = 0.875, n = 50

Determine whether a normal sampling distribution can be used. If it can be used, test the claim about the population proportion p at the level of significance α.

Distribution
The 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...