If a hurricane were headed your way, would you evacuate? The headline of a press release issued
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a. Suppose you are interested in learning about the value of p, the proportion of adults who would refuse to evacuate. This proportion can be estimated using the sample proportion, ˆ p .What is the value of ˆ p for this sample?
b. Based on what you know about the sampling distribution of ˆ p , is it reasonable to think that the estimate is within 0.03 of the actual value of the population proportion? Explain why or why not. 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...
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