Question
According to the Census Bureau, 64.5% of Americans owned their own home in 2013. A local real estate office wants to see if this is
According to the Census Bureau, 64.5% of Americans owned their own home in 2013. A local real estate office wants to see if this is the case for its area. The office selects a random sample of 200 people to estimate the percentage who own their own homes. The standard deviation of the Normal model used to approximate this distribution is
a. 3.384
b. 136
c. 27.07
d. 6.767
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ANSWER D 6767 In any Normal model were going to want to see how many standard deviations a particula...
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Modern Business Statistics With Microsoft Excel
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
6th Edition
1337115185, 978-1337115186
