Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

According to a survey in a country. 39% of adults do not own a credit card. Suppose a simple random sample of 300 adults

image text in transcribedimage text in transcribedimage text in transcribed

According to a survey in a country. 39% of adults do not own a credit card. Suppose a simple random sample of 300 adults is obtained. Complete parts (a) through (d) below. Click here to view the standard normal distribution table (page 1). Click here to view the standard normal distribution table (page 2). (a) Describe the sampling distribution of p. the sample proportion of adults who do not own a credit card. Choose the phrase that best describes the shape of the sampling distribution of p below. Approximately normal because n 0.05N and np(1 - p) < 10 Not normal because n0.05N and np(1 - p)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Discrete Mathematics and Its Applications

Authors: Kenneth H. Rosen

7th edition

0073383090, 978-0073383095

More Books

Students also viewed these Mathematics questions