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Cable TV subscriptions vs. streaming services. According to a 2018 CNBC All American Survey, 20% of US adults revealed that they are cord cutters, (i.e.,
Cable TV subscriptions vs. streaming services. According to a 2018 CNBC All American Survey, 20% of US adults revealed that they are "cord cutters," (i.e., they canceled their cable/ satellite TV service and now only use a video streaming service like Netflix or Hulu}. (See Exercise 2_4|;I) In a random sample of 500 US adults, let :3 represent the proportion who are \"cord cutters." a. Find the mean of the sampling distribution off. b. Find the standard deviation of the sampling distribution of 33. c. What does the Central Limit Theorem say about the shape of the sampling distribution of 15? d. Compute the probability that 33 is less than .117. e. Compute the probability that I? is greater than .15.
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