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A large car dealership claims that 47% of its customers are looking to buy a sports utility vehicle (SUV). A random sample of 61 customers
A large car dealership claims that 47% of its customers are looking to buy a sports utility vehicle (SUV). A random sample of 61 customers is surveyed. What is the probability that less than 40% are looking to buy an SUV Are conditions met to use the normal model? Randomization: 10% Condition: Success/Failure Condition: Step 1 What is your event of interest? Step 2 What is shape of the sampling distribution for the sample proportion? How do you know? Step 3 What is the mean of the sampling distribution, up? Step 4 What is the standard deviation of the sampling distribution,;? Step 5 Plot the variables on the diagram and shade the area under the curve Step 6 Calculate the z-score Step 7 Write the final probability statement
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