Determine whether a normal sampling distribution can be used. If it can be used, test the claim.
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Determine whether a normal sampling distribution can be used. If it can be used, test the claim.
Claim: p ≠ 0.15; α = 0.05. Sample statistics: p̂ = 0.12, n = 500
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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Elementary Statistics Picturing The World
ISBN: 9780134683416
7th Edition
Authors: Ron Larson, Betsy Farber
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