According to a recent study, 32% of American college students graduate with no student loan debt. Suppose
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Question:
According to a recent study, 32% of American college students graduate with no student loan debt. Suppose we obtain a random sample of 135 American college students and record whether or not they have student loan debt.
1)What is the mean of the distribution of^p?
2) What is the standard deviation of the distribution of^p?
3) What is the probability that more than 40 of the students in the sample will have graduated with no student loan debt?
(Round your answers to four decimal places when appropriate)
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