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The proportion of homes in Nevada owned by investors rather than homeowners is 30%30%. Consider a sampling distribution where n=70 NP= n ( 1 -

The proportion of homes in Nevada owned by investors rather than homeowners is 30%30%. Consider a sampling distribution where n=70

NP=

n ( 1 - p )=

Can a normal distribution approximation be used for the sampling distribution of sample proportions?

  • Yes, a normal distribution approximation can be used
  • No, a normal distribution approximation can't be used

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