Based on past experience, a bank believes that 6% of the people who receive loans will not make payments on time. The bank has recently approved 500 loans, which are a random representative sample. Complete parts a through c.

a) What are the mean and standard deviation of the proportion of clients in this group who may not make timely payments?

O A. With reasonable assumptions about the sample, all the conditions are met. O B. The 10% and success/failure conditions are not met. O C. The 10% condition is not met. O D. The randomization and success/failure conditions are not met. O E. The success/failure condition is not met. OF. The randomization condition is not met. O G. The randomization and 10% conditions are not met. O H. Without unreasonable assumptions, none of the conditions are met.