Approximately 23% of Americans will not use an online bank (The Ascent, January 21, 2021). a. In

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Approximately 23% of Americans will not use an online bank (The Ascent, January 21, 2021).

a. In a sample of 50 Americans, what is the probability that more than 20% do not use an online bank?

b. In a sample of 200 Americans, what is the probability that more than 20% do not use an online bank?

c. Comment on the reason for the difference between the computed probabilities in parts a and b.

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ISBN: 9781265897109

2nd Edition

Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen

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Question Posted: May 25, 2023 01:54 AM

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Approximately 23% of Americans will not use an online bank (The Ascent, January 21, 2021). a. In

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a b c The difference between the two probabilities is from the sample size The standard ...View the full answer

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